ARM takes a ZAR40-million write down on manganese; earnings expected to fall 45-45%

African Rainbow Minerals (ARM) expects its headline earnings for the first half of fiscal 2025 decrease by between 45% and 55% compared to the corresponding six months ended Dec. 31, 20232023 (first half fiscal 2024) to between AZR1,330-million and R1 625 million ZAR (Fiscal 2024: ZAR2,955-million).  The decrease in first half of fiscal 2025 headline…


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