Mozal

Wet Weather Leads To 8 Percent Drop In Expected Output At South32’s Mozal Aluminium

Wet Weather Leads To 8 Percent Drop In Expected Output At South32’s Mozal Aluminium

Australian metals miner South32 warned investors this week that output at many of its operations is likely to be lower than forecasted due to wetter-than-expected weather during the financial third quarter, leading to a ten-percent loss in the firm’s stock value in...

-

Events

South32’s Profit Rises By 35 Percent In FY 19-20’s Front Half

South32’s Profit Rises By 35 Percent In FY 19-20’s Front Half

Australian metals miner South32 Limited released results for the first half of FY 2018-19 on Thursday, turning in production numbers essentially level with previous periods but respectable growth in financial returns. In the fiscal year’s first half the firm reported revenue of US$3,811 million, up by 9 percent on the year from last year’s total […]

-
Maintenance Issues Hamper Production At South32 Alumina And Aluminium Facilities, But Production Forecasts Remain Unchanged

Maintenance Issues Hamper Production At South32 Alumina And Aluminium Facilities, But Production Forecasts Remain Unchanged

Australian metals miner South32 Limited released production results for the first quarter of FY 2019 yesterday, reporting lower outputs at both alumina and aluminium operations, but drops not sufficient to adjust yearly production estimates. In the just-ended quarter, South32 refined 1,159 thousand metric tons of alumina, off by 11 percent from the preceding quarter. Worsley […]

-
South32 – new start in bad times

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 […]

-