CAPITAL MARKETS

MinRes falls on softer profit

Mineral Resources shares dropped as much as 10.7% today after it posted weaker half-year earnings

 MinRes' Wodgina plant in the Pilbara

MinRes' Wodgina plant in the Pilbara

Revenue fell 35% to A$555 million, while normalised net profit after tax dropped 63% to A$34 million. Reported EBITDA fell 80% to $72 million due to an unrealised accounting loss of $30 million for...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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