Replay available

Mineral Resources Limited (MIN) Q2 2026 Earnings Call

Mineral Resources Limited (ASX: MIN) Q2 2026 earnings conference call, held 2026-01-29. Replay captured from the company's public earnings webcast.

Wed, January 28, 2026 at 7:00 PMendedReplay
Mineral Resources Limited (MIN) Q2 2026 Earnings Call

Hosted by

Featured presenters

Mark Wilson

CFO, Mineral Resources

Rahul Anand

Analyst, Morgan Stanley

Khan Pekka

Analyst, RBC

Mitch Ryan

Analyst, Jefferies

Ben Lyons

Analyst, Jordan Securities

Rob Stein

Analyst, Macquarie

Matthew Friedman

Analyst, MST Financial

Paul Young

Analyst, Goldman Sachs

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.554 -- 00:00:02.396 Thank you, Josh, and good morning, everyone. 00:00:02.396 -- 00:00:06.379 My name is Mark Wilson. I'm the CFO of Mineral Resources. 00:00:06.379 -- 00:00:11.784 Joining me in the office this morning is Chris Chong, General Manager, Investor Relations, 00:00:11.784 -- 00:00:14.627 and on the line we have our Chair, Mel Bundy. 00:00:14.627 -- 00:00:18.271 I'm conscious it's a very busy day today, so I'll just provide a very brief summary of 00:00:18.271 -- 00:00:21.852 the quarterly results before we move to questions. 00:00:22.515 -- 00:00:27.299 This has been another successful quarter for Minres, with all divisions performing well. 00:00:27.299 -- 00:00:30.085 The quarter underscored the strengths of the business. 00:00:30.085 -- 00:00:35.691 with consistent operational performance at Onslow Iron and the agility to capture opportunities 00:00:35.691 -- 00:00:38.813 in an improving lithium market. 00:00:39.496 -- 00:00:43.220 Following strong operational performance in lithium in the first half and to take advantage 00:00:43.220 -- 00:00:48.325 of the improved pricing, we're upgrading our FY26 volume guidance that 00:00:48.325 -- 00:00:52.831 both Wojnar and Marianne has outlined in the release this morning. 00:00:52.831 -- 00:00:58.047 In the iron ore division, Onslow Iron continues to operate at its nameplate capacity. 00:00:58.047 -- 00:01:02.672 and the development of Lamb Creek is progressing well at the Pilbara Hub, with final 00:01:02.672 -- 00:01:06.314 exports from Wanmana scheduled for April. 00:01:06.497 -- 00:01:09.460 Balance sheet transformation is progressing as planned. 00:01:09.460 -- 00:01:14.626 Liquidity is strengthened to over $1.4 billion, and net debt is reduced by $500 00:01:14.626 -- 00:01:17.409 million to...