middle.news
Image Resources Flags A$61 Million Non-Cash Hit Amid Commodity Slump
10:02am on Monday 16th of March, 2026 AEDT
•
Mining
Read Story
Image Resources Flags A$61 Million Non-Cash Hit Amid Commodity Slump
10:02am on Monday 16th of March, 2026 AEDT
Key Points
A$53 million impairment on mineral sands assets at Atlas and Boonanarring
A$8 million write-off of deferred tax assets due to forecast profitability uncertainties
Underlying EBITDA from Atlas operations expected at approximately A$25 million
Impairments driven by commodity price weakness and AUD strength
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Image Resources (ASX:IMA)
OPEN ARTICLE