Mineral Resources’ weak financial results revealed after hours

Perth-based mining giant Mineral Resources (ASX:MIN) unveiled its disappointing financial performance for the December half-year in a late Wednesday evening release, catching markets off-guard after hours. The company reported a substantial 28% decline in underlying EBITDA to $674.9 million, coupled with an alarming 83% reduction in the final dividend, slashed to 20 cents per share from $1.20 per share in the same period in 2022.

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