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

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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...