RHI posts record royalty income and net profit on Onslow Iron strength
Red Hill Minerals said record royalty income and net profit were driven by the Onslow Iron Project reaching capacity and strong iron ore prices, alongside robust cash reserves and a disciplined dividend policy supporting exploration and portfolio growth.
Record royalty income and net profit were achieved, supported by the Onslow Iron Project reaching capacity and strong iron ore prices. The company said robust cash reserves and a disciplined dividend policy underpin ongoing exploration and portfolio growth.