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Gindalbie expects $640M hit on Karara

GINDALBIE Metals says it's expecting a $A640 million impairment charge on the value of its 47% st...

Andrew Duffy
Gindalbie expects $640M hit on Karara

The impairment recognises lower-than-forecast production levels at the Karara project in Western Australia, due to capacity restrictions and a lower iron ore price. It also factors in a higher-than-expected...

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