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Orica posts $1.3B loss

Orica in the red due to mining slowdown and impairments.

Noel Dyson
Orica has been cruelled by the mining slowdown.

Orica has been cruelled by the mining slowdown.

This loss was driven by a non-cash impairment post tax of $1.7 billion on its ground support business, ammonium nitrate assets and various other assets across the company. Before the non-cash impairment...

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