Kagara aims to drive down debt

KAGARA executive chairman Kim Robinson says the company hoped to reduce its net debt position by mid-2009, after the recent strategic review had identified further operational cost savings.

Kagara aims to drive down debt Kagara aims to drive down debt Kagara aims to drive down debt Kagara aims to drive down debt Kagara aims to drive down debt

Against a backdrop of plunging base metal prices and declining margins, Kagara last month launched a review into the company’s activities aimed at optimising cash flows and profits.

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