Onslow Iron Lowers Full-Year Guidance Amid Q3 Updates and Investment Plans

게시됨: Apr 30, 2025 09:29
【Onslow Iron Lowers Full-Year Guidance】Onslow Iron: Q3 shipments reached 3.6 million wmt, with full-year guidance revised down to 8.5-8.7 million wmt (from 8.8-9.3 million wmt). Costs: Q3 FOB cost was AUD 58/wmt, with a full-year expected upper limit of AUD 60-70/wmt. Transshipment vessels increased to four (with a total capacity of 35 Mtpa), and the fifth vessel will be commissioned in May. Road upgrades: Due to flood impacts, an investment of AUD 230 million will be made to upgrade a 150-kilometer dual-carriageway, to be completed in September. Full production of 35 million mt/year is expected to be reached in Q1 2026, with road upgrades to be completed in September and automated testing to commence simultaneously.

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