SUPPLY SIDE

Chua Chile as Emeco looks to new dawn

EMECO has exited Chile, stage left, thanks to a deal with a large Australian partner – understood to be CIMIC – allowing it to focus on the Australian market, grow its fleet, while banking $12 million. <b>Supply Side by <i>Australia’s Mining Monthly</i> editor Noel Dyson</b>

Noel Dyson
Chua Chile as Emeco looks to new dawn

Those cash proceeds from the asset swap transaction are expected to reduce Emeco's 2017-18 capital expenditure by $5 million and also add 85 pieces of equipment to Emeco's Australian fleet. Under the...

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