Hillside

Record High Prices For Aluminium Do Little To Help South32 Clear Inventories In Latest Quarter

Record High Prices For Aluminium Do Little To Help South32 Clear Inventories In Latest Quarter

Despite receiving record high prices for aluminium at its Hillside smelter, South32 continues to experience difficulties in clearing inventory at both Hillside smelter in South Africa and Mozal aluminium smelter in Mozambique. In comments made during a second-quarter production update on Monday,...

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 […]