Mineral Resources Limited share price jumps 6% on China lithium futures — what traders watch next
Mineral Resources rose 6.5% to A$57.29 in Sydney after Chinese lithium carbonate futures jumped 7.2% post-Lunar New Year. The miner reported A$343 million underlying net profit for the half and skipped its interim dividend to reduce debt. Core Lithium and Liontown Resources also gained over 9%. Investors await Australia’s monthly CPI data on Wednesday and MinRes’ next update on April 30.