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BRIEF-Incitec Pivot updates on Queensland train derailment

Published 06/01/2016, 09:02 am
Updated 06/01/2016, 09:10 am
© Reuters.  BRIEF-Incitec Pivot updates on Queensland train derailment
IPL
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Jan 6 (Reuters) - Incitec Pivot Ltd IPL.AX :

* Information regarding Queensland train derailment IPL.AX

* There is expected to be an adverse one-off impact to Incitec Pivot's full year net profit after tax of approximately $14 million

* IPL expects full plant operations to resume during the third week of January 2016

* Incitec pivot's Phosphate Hill Plant is still expected to produce 950,000 tonnes of fertiliser during IPL's 2016 FY

* Says it is not envisaged that fertiliser supply to Australian domestic customers will be affected

* Says completed initial assessment of impact of the train derailment on 27 December 2015

* Says rail services are continuing to operate between Incitec pivot's Mt Isa and Phosphate Hill facilities

* Source text for Eikon ID:nASX1VPRHw

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