Mineral Resources: Updates lithium while posting exploration hits

About the author:

Adrian Prendergast
Author name:
By Adrian Prendergast
Job title:
Senior Analyst
Date posted:
21 June 2023, 7:00 AM
Sectors Covered:
Mining, Energy

  • Mineral Resources (ASX:MIN) has updated FY23 guidance, while also posting exploration results.
  • New gas discovery in the Perth Basin.
  • Terminating Ganfeng toll agreement is earnings accretive FY23/FY24.
  • Maintain ADD rating, with unchanged (login to view) valuation-based Target Price.

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