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MACA recognises impairment due to poor PCI coal market

Carabella is one of contractor's client

Staff Reporter
MACA recognises impairment due to poor PCI coal market

The impairment follows the impact of the COVID-19 pandemic and a further deterioration in the PCI coal market. A loan of $26.8 million to Carabella is also outstanding. In addition, MACA has reassessed...

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