MANAGEMENT

ALS commodities to benefit from stronger mining activity

ALS’ commodities division reported a revenue decline of 2.7% for FY 2021 to $624.8 million due to the impact of the COVID-19 pandemic in the first half of the year, however, the company said it was emerging from the downturn.

 Geochemistry sample volumes were up 2% for the year compared to previous corresponding period.

Geochemistry sample volumes were up 2% for the year compared to previous corresponding period.

The second half showed significant improvement with a 7.5% increase in revenue following an increase in mining activity as commodity prices strengthened. Earnings before interest, tax, depreciation...

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