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Canada’s asbestos industry on its way out

Cecilia Jamasmie | January 05, 2012 | 2:43 pm Canada Europe 

LAB Chrysotile Inc., one of the two remaining Quebec’s asbestos miners, has filed for bankruptcy because of high fixed costs and sharply declining revenues. In October last year, LAB halted production indefinitely causing 350 people to lose their jobs. The...

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