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Sinosteel to shut Mid West mine

Mining contractor Maca has suffered another blow to its order book, with Sinosteel Midwest Corporation announcing plans to halt operations at its Blue Hills hematite project in the Mid West after failing to gain environmental approval for an expansion.

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MACA (MLD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
71stNRW Holdings163%16%
309thAustralian Finance Group25%0%
432ndAusdrill2%20%
625thMACA-24%6%
690thWellard-39%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

12/03/18
$0 Bought
12/03/18
$0 Other
12/03/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

9th↑Ausdrill$783.5m
10th↑Australian Finance Group$573.4m
11th↑MACA$520.3m
13th↓Wellard$497.9m
16th↑NRW Holdings$370.3m
239 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from MACA

92ndChris Tuckwell$759k
171stMaurice Dessauvagie$582k
173rdMitch Wallace$581k
Ranked by total remuneration from all listed WA companies

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