Low prices strike MinRes bottom-line

June 28, 2017

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The continued fall in iron-ore prices has seen ASX-listed Mineral Resources revise its expected earnings for the financial year ended June.

The company on Thursday said that expected earnings before interest, tax, depreciation and amortization (EBITDA) would range between A$46-million and A$480-million. This was compared with the previous guidance of an EBITDA of between A$480-million and A$520-million.

Category: General