ASX Price $64.14 3.56%

FY19 Half Year Results including notable highlights

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

Read the full report here