South Africa

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. […]

South African Firm Hulamin Reports Strong Performance for First Half of 2016

South African rolled and extruded aluminium producer Hulamin released unaudited half-year results for 2016 on Monday, turning in strong numbers for the period. Although the company described market conditions as soft, Hulamin fell just short of doubling the previous year’s entire profits, posting a US$10.57 million result for the first half of this year compared […]