Mineral Resources (ASX:MIN) has presented its quarterly exploration and mining activities report for the period to December 31, 2022, highlighting its Mining Services volumes were 70Mt during the quarter, in line with expectations.

The diversified resources company says iron ore shipments were 4.1M wet metric tonnes, down 9% quarter-on-quarter (qoq), again in line with the mine plan and FY23 guidance of 17.2 - 18.8M wmt.

Mineral Resources says the average realised iron ore price was US$97 per dry metric tonne, 33% higher qoq and is a 98% realisation to the Platts 62% IODEX.

It also says a total of 97k dmt (attributable) of spodumene concentrate was shipped during the quarter, 18% higher qoq.