OZL oz minerals limited

News: OZL Australia's OZ Minerals first-half profit more than halves

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    Aug 26 (Reuters) - Australian copper-nickel miner OZ Minerals Ltd (OZL) said on Friday its first-half profit more than halved, hurt by COVID-19-fuelled labour shortages, weather- and equipment-related interruptions, and industry-wide inflation.

    The company, which this month rejected a $5.8 billion takeover offer from global miner BHP (BHP) , said net profit after tax was A$109.2 million ($76.04 million) for the six months to June 30, compared with A$268.6 million a year ago.

    ($1 = 1.4362 Australian dollars)

 
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