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Australia Investing
Western Areas Releases Annual Report for Year Ended June 30
Oct. 19, 2018 09:00AM PST
The company shipped 20,500 tonnes of nickel to customers in the 2017-18 year.
Western Areas (ASX:WSA) has released its annual report, highlighting a AU$12 million net profit after tax, 20,500 tonnes of nickel shipped to customers and early works commenced at the Odysseus nickel project in Western Australia.
Managing director of Western Areas, Daniel Lougher said:
“The company’s direction for the 2018 Financial Year was to focus on organic growth through a variety of strategic initiatives that continue to strengthen Western Areas’ position in the market. The aim has been to strive to achieve a safe working environment, productivity and efficiency throughout our operations. In line with this, the completion of our mill recovery enhancement project was a significant achievement in FY18 and allows us to capture more value from every tonne of nickel mined.”
Click here to read the full Western Areas (ASX:WSA) press release.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
Learn about our editorial policies.