Raspadskaya Mine saw weaker financials

Raspadskaya Mine released FY06 IAS consolidated financials. According to the report, the company saw weaker financials. Sales dipped 13.4% to $468.8 mln, EBITDA plunged 24% to $260 mln and net income crashed 33% to $120 mln.

According to the company’s plans, output is set to reach 17 mn t by 2011.