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Asarco posts $35.27 million September EBITDA, sales of $96.36 million
By Angela McDaniels
Tacoma, Wash., Oct. 26 - Asarco LLC reported $35.27 million in EBITDA for September on $96.36 million in sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
The figures were lower than the $40.03 million EBITDA and $99.52 million of sales posted in August.
The net income for September was $10.66 million, compared with $18.62 million for August.
The company had $1.30 billion in cash on Sept. 30, compared with $1.29 billion at the end of August.
Asarco, a Tucson mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.
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