Iron ore slump weighs on Mount Gibson

MOUNT Gibson Iron has blamed challenging and volatile market conditions for its first-half profit slump of more than 70% to $A37.1 million.

Iron ore slump weighs on Mount Gibson Iron ore slump weighs on Mount Gibson Iron ore slump weighs on Mount Gibson Iron ore slump weighs on Mount Gibson Iron ore slump weighs on Mount Gibson

The interim net profit after tax for the six months to the end of December was on the back of sales revenue of $416.2M, up 10.4% year on year.

However, the $37.

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