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19
Aug
2015
Arrium swings to net lossBy:Creamer Media Senior Deputy Editor: Australasia IRON-ORE Falling iron-ore prices have resulted in ASX-listed Arrium Mining and Materials reporting a net loss after tax of A$1.9-billion for the financial year ended June, compared with a net profit of A$205.4-million in 2014.
The net loss included a A$1.79-billion asset impairment and restructuring costs, the company said.
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