掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Mineral Resources sees worst day in 16 yrs on production woes, higher costs

  • Wednesday, February 19, 2025
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]The stock was the top loser on the benchmark ASX 200 index, which was down 0.7%.


We sincerely invite you to participate these unique plants visit to expand your business.
E-mail: weixin@ferro-alloys.com        Tel:+86 15343160065

【Ferro-alloys.com】: Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron project in Pilbara due to weather disruptions.

The company's shares fell as much as 22.1% to A$23.75, the lowest since late July 2020, and logged their biggest single-day decline since October 10, 2008. The stock was the top loser on the benchmark ASX 200 index, which was down 0.7%.

The miner trimmed its forecast for iron ore volumes to 8.8 to 9.3 metric tons (Mt) for financial year 2025 from 10.5- to 11.7 Mt estimated previously. It also hiked its free-on-board costs, or the charges incurred to transport iron-ore, to $60/ton-$70/ton from $58/t-$68/t.

"The cyclone (Sean) dropped an extraordinary amount of rain on parts of the Pilbara and the deluge was exacerbated days later by a low-pressure system that dumped more heavy rain inland. These weather events caused significant flooding that damaged parts of the Onslow Iron haul road," founder and managing director Chris Ellison said.

Record rainfall on Western Australia's Pilbara coastline as well as a slew of tropical cyclones have affected shipments for iron ore miners including Rio Tinto.

Late on Tuesday, MinRes reported a 55% drop in its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to A$302-million ($192.13-million), but still beat an estimate of A$205-million provided by Visible Alpha.

Analysts at Jefferies estimate the company's capital expenditure for fiscal year 2025 at A$2.1-billion, an increase of about A$340-million from their previous expectations.

"The medium-term downside risk presented from (MinRes's) elevated debt in an environment of falling iron ore, soft lithium, higher capex and lower lithium production prevents us from turning more constructive."

  • [Editor:Alakay]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 崇义县| 沛县| 安远县| 翁牛特旗| 顺义区| 岳阳市| 赤城县| 祥云县| 贵港市| 南投县| 西宁市| 北票市| 平乐县| 肥城市| 桐城市| 西乌珠穆沁旗| 北宁市| 神农架林区| 潼南县| 抚松县| 固原市| 曲沃县| 天津市| 黄龙县| 石柱| 平谷区| 平南县| 哈尔滨市| 新巴尔虎左旗| 阳原县| 宜州市| 九江县| 吴桥县| 陆良县| 绩溪县| 观塘区| 钦州市| 阿瓦提县| 法库县| 大悟县| 大城县|