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uneconomic
/ ˌʌniːkəˈnɒmɪk, ˌʌnɛkə- /
adjective
not economic; not profitable
Example Sentences
“As gold prices go up, those that were uneconomic to mine, suddenly they can show profit margins,” he said.
Still, they warned that “it does raise questions on long-term implications with potentially uneconomic projects being subsidized into production.”
The company described the financial impact as "onerous," adding continuing to operate in the area would be "uneconomic".
Apache said recent confirmation in the Budget that the windfall tax on oil and gas firm profits would rise and be extended to 2030 had made production uneconomic.
“Considerable uncertainty exists regarding Enviva’s ability to renegotiate uneconomic customer contracts” entered into in the fourth quarter of the 2022 fiscal year, the global credit-rating agency said in a Jan. 19 press release.
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