Mineral Resources (ASX:MIN) Stock Update: POSCO Lithium Deal, Onslow Iron Ramp-Up, Debt Path and Latest Forecasts (21 December 2025)
MinRes shares traded near A$52.65 on 21 December 2025, close to their 52-week high, with a market cap of about A$10.36 billion. The company agreed to sell a 30% stake in a new lithium joint venture to POSCO Holdings for US$765 million, aiming to reduce debt. Completion is expected in the first half of 2026, pending approvals. Onslow Iron shipped 8.6 million tonnes in Q1 FY26.