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MMG's outlook still uncertain

Hong Kong-listed, Melbourne-based MMG has posted a full-year net profit after tax of US$172 million, 71% below 2021’s record result.

MMG's outlook still uncertain MMG's outlook still uncertain MMG's outlook still uncertain MMG's outlook still uncertain MMG's outlook still uncertain

The Dugald River mine remains suspended

The company said it managed to maintain profitability despite more than 50 days of forced shutdown at the Las Bambas copper mine in Peru, COVID-19 impacts in Australia and cost inflation.