Mining contractor NRW has warned of a $113 million impairment from a messy dispute over who controls the Whyalla port near the loss-making steelworks seized from Sanjeev Gupta’s empire in February.
NRW shares plunged 8 per cent on Thursday after the Western Australia-based company came out of a trading halt on the ASX.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
