Aurizon flags impairments up to $160m

Subdued market conditions, project cancellations blamed for further impairments.

Aurizon (AZJ) has flagged further asset impairments for fiscal 2014, blaming subdued market conditions and cancelled capital projects in the resources sector.

Aurizon also announced a further 103 positions have been made redundant, largely at the head office, in addition to cuts announced in May.

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