MARKETS

Low gas prices drives some profit for Incitec

INCITEC Pivot has reported a $123.4 million net profit for financial 2020 despite COVID-19, which was helped along by lower gas prices in Australia and the US and its gas contract in the Northern Territory. 

Gibson Island

Gibson Island

However this still represents a fall of 19% over the prior year.    Revenue for the gas-dependent company, which makes fertiliser in Queensland and the US as well as explosives and provides, mining...

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