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Macmahon advances capital-light strategy with sale of mobile equipment

By:  
Creamer Media Senior Deputy Editor Online
 
MINING SERVICES
Mining services company Macmahon has taken a strategic step towards enhancing its return on average capital employed (ROACE) performance by agreeing to sell a substantial portion of its mobile equipment fleet at the Dawson South project, in Queensland. The sale, conducted at market rates that exceeded or matched book value, will result in a cash inflow of A$44-million.
 
 
 
 
 

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