China’s MMG Posts Third Straight Loss Amid Shift to CopperBloomberg News
Miner reports first-half loss of $93 million as sales halve
MMG hit by Australian zinc mine closure, lower metals prices
MMG Ltd., the miner owned by China’s top state-owned metals trader, posted a third straight half-yearly loss as revenue dropped 47 percent due to lower prices and the closure of a zinc mine in Australia. Its shares fell.
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