Aditya write-down could hit $225M

THE bad news continues for Aditya Birla Minerals today, with management warning a review of its assets could result in a $A175-225 million writedown.

Aditya write-down could hit $225M Aditya write-down could hit $225M Aditya write-down could hit $225M Aditya write-down could hit $225M Aditya write-down could hit $225M

The charges are mainly due to a reduction in reserves at the Nifty mine in Western Australia, which was disrupted by a sinkhole in March.

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