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Tantalum has a variety of high-tech applications including in capacitors and resistors.
Impairment reversal helps Global Advanced Metals
Wednesday, 30 November, 2016 - 14:11
Privately held tantalum miner Global Advanced Metals has reported a $6.3 million net profit for the year to June 2016, up from a $72.2 million loss in the previous 12 months, while its two Western Australian mine sites remained under care and maintenance.
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Revenue
| 32nd |  | Summit Homes Group | $192.0m |
| 33rd |  | Betts Group | $192.0m |
| 34th | | Global Advanced Metals | $191.9m |
| 35th | | International Livestock Export | $185.4m |
| 36th | | Perkins Builders | $185.0m |
113 private companies - large ranked by revenue most recent financial year
Number of Employees
Miners
| 11th | Mount Gibson Iron | 126 | |
| 12th | Cliffs Natural Resources | 90 | |
| 13th | Global Advanced Metals | 57 |
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Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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