Mineral Resources says a strengthened balance sheet and improved cash flow mean it is not obliged to sell its lithium assets and will consider sales only if the price is right.
The Perth-based group notched up record iron ore shipments and reinforced its debt-heavy balance sheet during the first quarter, marking what the crisis-plagued miner hopes is an inflection point for its fluctuating fortunes.
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Mark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au
