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Mineral Resources' CSI Mining Services Division Annual Production Volumes Up 22% Year-over-Year

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Mineral Resources' (ASX:MIN) wholly-owned division CSI Mining Services' annual production volumes clocked in at 341 million tonnes, up 22% year-over-year and beating upgraded guidance, according to a Monday statement.

The division achieved underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of AU$976 million.

CSI achieved a record quarterly production volume of 94 million tonnes in the fiscal fourth quarter due to heightened strip activity at Mt Marion in Western Australia.

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