Asarco reports $14.83 million December EBITDA

By Rebecca Melvin

New York, Jan. 28 - Asarco LLC reported $14.83 million in EBITDA for December on $133.41 million in sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.

In November, the company posted higher EBITDA of $62.47 million on higher sales of $155.48 million.

Net income for December was $11.46 million, dropping from $40.65 million in November.

Asarco, a Tucson, Ariz., mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.

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