Stock Track | Mineral Resources Soars 5.03% Intraday on Strong FY Mining Services Production Volumes

Stock Track
Jul 29

Mineral Resources Ltd (MIN.AU) saw its shares jump 5.03% during intraday trading on Wednesday, driven by the release of robust full-year production figures.

The company reported its fiscal year mining services production volumes reached 341 million tonnes. Additionally, it disclosed that total quarterly iron ore production across its Onslow Iron and Pilbara Hub operations was 10.8 million wet metric tonnes on a 100% basis.

The strong operational update appears to have boosted investor confidence, leading to the significant upward movement in the stock price.

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