Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Chinese major CITIC has reported a HK$13.7-billion noncash impairment on the Sino iron-ore project, in Western Australia, during the full year ended December. As a result, the miner reported a drop in profit attributable to shareholders from HK$48.4-billion to HK$39.8-billion.
Chinese major CITIC has reported a HK$13.7-billion noncash impairment on the Sino iron-ore project, in Western Australia, during the full year ended December. As a result, the miner reported a drop in profit attributable to shareholders from HK$48.4-billion to HK$39.8-billion.
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