ASX:MINMetals and Mining
Mineral Resources (ASX:MIN) Is Down 10.9% After Lithium Volume Upgrade And POSCO Delay Has The Bull Case Changed?
Ord Minnett recently downgraded Mineral Resources from Accumulate to Hold as the company updated lithium volume forecasts for its Wodgina and Mt Marion operations and reiterated that the planned partial sale of its lithium business to POSCO remains subject to approvals, with completion targeted in the first half of 2026.
With firmer realised lithium prices underpinning higher production guidance and half-year results due on 20 February 2026, investors are reassessing how Mineral Resources’...