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Asarco March EBITDA falls to $33.12 million
By Caroline Salls
Pittsburgh, April 22 - Asarco LLC reported $33.12 million in EBITDA for March on $180.72 million in sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, the company posted $38.46 million in EBITDA in February on $159.09 million in sales.
Net income for March was $22.25 million, down from $23.1 million in February 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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