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Healthy profit for MMG

CHINESE-owned Minerals and Metals Group has delivered a net profit of $US180.7 million ($A200 million) for 2009, just seven months since its formation after buying most of OZ Minerals’ assets.

MiningNews.Net
Healthy profit for MMG

MMG, a subsidiary of China’s Minmetals, has today posted total revenue of $852.8 million while earnings before interest, tax, amortisation and depreciation (EBITDA) was $350.2 million. The group also...

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