Today, we released our FY22 Half Year Results. We achieved the best half year in MRL’s history for business progress, and our safety and operational performance remained strong.
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We made substantial progress in our iron ore, lithium and gas businesses during the last six months which will create significant value for decades to come and which underpins long-term growth for our Mining Services division.
1H22 highlights include:
- Continuing to keep our operations COVID free
- Maintaining a low 12-month rolling Lost Time Injury Frequency Rate (LTIFR) of 0.10 and reducing our Total Reportable Injury Frequency Rate (TRIFR) to 2.25
- Increasing Mining Services production volumes by 18% on pcp
- Exporting 9.9 million wet metric tonnes (wmt) of iron ore
- Exporting 207 thousand dry metric tonnes (dmt) of spodumene
- Delivering a ROIC of 23.9% even in difficult conditions