Delivery issues hit iron ore exports of Australia's Mineral Resources in Jul-Sep

摘要

Sydney—Australian miner Mineral Resources’ Koolyanobbing iron ore exports were hit by unexpected issues in the July-September quarter but the company plans to ramp volumes up in the coming quarters in order to still meet fiscal year 2020-21 (July-June) guidance. Koolyanobbing -- which has been ramping up since first ore was railed in November 2018 -- exported 2.24 million wet mt in the July- September quarter. This was up 58% year on year but down 16% from April- June quarter, data from Mineral Resources' quarterly reported showed Oct. 23.