On the 21st of February, we released our FY19 Half Year Results to the market. Notable highlights included:
- Wodgina: Execution of a transaction with Albemarle Corporation to sell 50% of the Wodgina Lithium Project for US$1.15 billion and, upon completion, establish a 50:50 joint venture
- Mt Marion: Acquisition of additional equity in Mt Marion to take MRL’s stake to 50%
- Completion of the acquisition of the Koolyanobbing Iron Ore Project, enabling operations in the Yilgarn region to continue
- 50:50 joint venture with Brockman Mining Limited in relation to Marillana Iron Ore Project in the Pilbara
- Acquisition of Kumina Iron Ore Project in the Pilbara