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ASX ANNOUNCEMENT MINERAL RESOURCES Wednesday 10 February 2021 Mineral Resources Results Announcement Mineral Resources Limited ( ASX : MIN ) ( ' MRL ' or ' the Company ' ) is pleased to announce its financial results for the half year ended 31 December 2020 ( 1H21 ) . The Company generated statutory earnings before interest , tax , depreciation , amortisation and impairment ( EBITDA ) of $ 927 million . Underlying¹ EBITDA was $ 763 million , up 131 % on the prior corresponding period ( pcp ) 2 and underpinned by continued growth in the Mining Services segment and record iron ore sales volumes and prices . Statutory net profit after tax ( NPAT ) amounted to $ 519 million and underlying NPAT was $ 430 million , up 233 % on pcp . Statutory NPAT included $ 26 million of post - tax impairment charges ( $ 37 million pre - tax ) in relation to intangibles , plant and equipment and inventory . The Directors have declared a fully franked interim dividend of 100 cents per share , an increase of 335 % on the interim dividend for 1H20 . The dividend is due to be paid on 9 March 2021 to shareholders on the register at 17 February 2021 . Highlights of 1H21 include : • • Keeping our operations free from COVID - 19 Maintaining a 12 - month rolling Lost Time Injury Frequency Rate ( LTIFR ) of zero and reducing our Total Reportable Injury Frequency Rate ( TRIFR ) to 2.75 , an improvement of 16 % Increasing Mining Services production volumes by 23 % on pcp • Exporting a total of 7.9 million wet metric tonnes ( wmt ) of iron ore , up 17 % on pcp • Producing record spodumene volumes at Mt Marion of 262,264 dry metric tonnes ( dmt ) , up 36 % on pcp . Mineral Resources Managing Director Chris Ellison said : " This has been a very strong and successful six months for Mineral Resources . As events in Western Australia this month have demonstrated , the resources sector is not immune from the reach of COVID - 19 . We remain focussed on keeping our operations COVID - 19 free , protecting the health and safety of our people , and safeguarding their employment . " Despite the backdrop of COVID - 19 , Mineral Resources has delivered outstanding operational and financial performance in the December half , demonstrating the strength of our business and the ability to maximise returns when commodities like iron ore are doing well . It also vindicates our decision to invest heavily across our iron ore business during the past few years . 1 Underlying EBITDA has been derived from statutory EBITDA by excluding a net fair value unrealised gain of $ 102 million on listed investments and a net $ 62 million unrealised foreign exchange gain on the Company's US $ denominated notes and cash holdings . 2 Comparison to pcp being the half year ended 31 December 2020 ( 1H20 ) for profit and loss data and cash flow data , and to the balance as at 30 June 2020 for balance sheet data