Talison Lithium Q2 profits down on port congestion

By Mark Watts
Published: Friday, 10 February 2012

Average prices drop 2% year on year; Talison selects Kwinana for carbonate plant

Australian miner Talison Lithium reported 26% drop in operating profits for its fiscal second quarter as congestion in the Port of Bunbury delayed shipments.

The company’s posted EBITDA* of A$5.39m ($5.75m) in the three months to 31 December 2011 compared with  A$7.23m in the same period of 2010, while sales fell...

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