PROCESSING

MinRes lithium production up, shipping volumes down

An extra shipment from Wodgina is planned for this month

 MinRes upped its stake in Wodgina earlier this year.

MinRes upped its stake in Wodgina earlier this year.

An extra shipment from Wodgina is planned for this month.

Mineral Resources' interest in Wodgina rose from 40% to 50% in a deal through which partner Albemarle took control of their joint lithium hydroxide facility near Bunbury.

On the ground at Wodgina the advancement of the stage 1 pit has enabled a 45% mining ramp-up thanks to the presence of fresh ore.

Mineral Resources said 2023-24 financial year shipments were expected to be in line with production.

Lithium battery chemicals produced were 4800t in the quarter, up 14% quarter-on-quarter.

Lithium battery chemical sales in the quarter were 4300t at an average realised price of $53,335/t.

At Mount Marion, ore mined was up 31% quarter-on-quarter due to stripping of new areas, which opened up multiple mining fronts across the central and north pits.

Production was up 7% to 64,000dmt thanks to a plant expansion.

Spodumene concentrate shipments were up by 5% quarter-on-quarter to 64,000dmt.

Iron ore production from Yilgarn and Pilbara hubs

Mineral Resources mined 2.1 million wet metric tonnes during the quarter from Yilgarn mines and produced 1.9Mwmt.

Shipments of 1.7 million tonnes were impacted by haulage availability.

Haulage volumes are expected to increase as more road trains are brought on.

At the Pilbara Hub mining was up 29% quarter-on-quarter to 3Mwmt, with production also up 16% to 2.9Mwmt.

Shipments of 2.2Mwmt were down 4% quarter-on-quarter, due to temporary port constraints.

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