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DOW heading for a fall

Mining business outlook has left Downer earnings vulnerable, but rail wins might get things back on track

DOW heading for a fall DOW heading for a fall DOW heading for a fall DOW heading for a fall DOW heading for a fall

Morgan Stanley says DOW generates about 45% of its EBIT from contract mining, a sector “suffering from surplus capacity” and where Australian miners are looking to cut costs.

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