Mineral Resources Announces FY2019 EBITDA Guidance

Mineral Resources has announced its earnings before interest, tax, depreciation and amortisation guidance for the 2019 financial year.

Mineral Resources (ASX:MIN,OTC Pink:MALRY) has announced its earnings before interest, tax, depreciation and amortisation (EBITDA) guidance for the 2019 financial year.

According to a press release from the company, MinRes’ EBITDA at a consolidated group level is expected to be between $360 million and $390 million. The company stated that these numbers were predicated on assumptions including pricing for lithium — spodumene concentrate in particular — and iron ore.

Click here to read the full press release from Mineral Resources.

Olivia Da Silva

A graduate of Durham College's broadcast journalism program, Olivia has a passion for all things newsworthy. She got her start writing about esports (competitive video games), where she specialized in professional Call of Duty coverage. Since then, Olivia has transitioned into business writing for INN where her beats have included Australian mining and base metals.