MIN hits record output

Company News

Mineral Resources Limited (ASX:MIN) hit record iron ore sales of 10.4 million tonnes in 2014.
 
The diversified mining company says export volumes were up 88 per cent for the year and that the June quarter saw a 14 per cent increase on the previous period. 
 
The result came in 4 per cent above guidance.
 
The company says the majority of increases in iron ore shipments came from the Phil’s Creek mine in the Pilbara.
 
Mineral Resources reported a net profit of $130 million in the first half of the 2014 financial year.

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