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Asarco posts $38.46 million February EBITDA
By Caroline Salls
Pittsburgh, March 20 - Asarco LLC reported $38.46 million in EBITDA for February on $159.09 million in sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of Texas.
The figures showed a decline over a $45.31 million EBITDA reported in January on $194.83 million in sales.
Net income for February was $23.1 million, down from $25.91 million in January net income.
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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