REFILE-China’s CITIC estimates up to $1 bln impairment on Australia’s Sino Iron project
11 Mar REFILE-China’s CITIC estimates up to $1 bln impairment on Australia’s Sino Iron project
Posted at 01:31h
in
News
by KMFSLLP
HONG KONG, March 12 (Reuters) – Chinese conglomerate CITIC
Ltd said it would book an impairment of $800 million
to $1 billion on the value of its Sino Iron project in Australia
for fiscal 2017.
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