Hillside

South32 To Shed 500 Jobs At Hillside Aluminium Smelter In South Africa

South32 To Shed 500 Jobs At Hillside Aluminium Smelter In South Africa

In a bid to restructure operations and reduce costs, Australian metals miner South32 Limited announced earlier this week the laying off of around 500 workers at its Hillside aluminium smelter in KwaZulu-Natal, South Africa. According to the trade union Solidarity, South32 has...

Events

South32 Not Planning to Restart Idled Aluminium Capacity Before 2018

Australian metals miner South32 indicated on Thursday that it does not expect to reopen idled capacity at its aluminium and manganese operations in southern Africa in the course of the next two years. The firm idled the capacity in question due to a combination of depressed prices and an unreliable power supply in the region. […]

South32 – new start in bad times

South32, a diversified recourse company, has had a difficult start since May 2015 after spinning off from its parent company, BHP Billiton. The turmoil in commodities has set a grim backdrop to the miner’s stock market debut. Since then the company’s shares have declined almost 50%, similar and parallel to BHP. Both have seen profits […]