McAleese faces $144M impairment

MCALEESE has flagged impairments of $114-144 million after a tough year in the mining sector.

McAleese faces $144M impairment McAleese faces $144M impairment McAleese faces $144M impairment McAleese faces $144M impairment McAleese faces $144M impairment

McAleese has flagged impairments of $114-144 million after a tough year in the mining sector.

A large chunk of the impairment is set to focus on the company’s heavy haulage and lifting division, with plant and equipment expected to take a $60-70 million hit.