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China miner MMG posts heavy loss

Chinese-owned MMG has posted a big loss for 2019 after what it described as a “challenging” year.

China miner MMG posts heavy loss China miner MMG posts heavy loss China miner MMG posts heavy loss China miner MMG posts heavy loss China miner MMG posts heavy loss

MMG CEO Geoffrey Gao

The company posted a full-year loss attributable to shareholders of US$230.4 million, including a $105 million non-cash impairment on the carrying value of Kinsevere's oxide-related assets.