South32

South32 Negotiates US$1.4-Billion Sustainability Linked Revolving Credit Facility

South32 Negotiates US$1.4-Billion Sustainability Linked Revolving Credit Facility

Australian metals miner South32 announced this week the successful refinancing of a US$1.4 billion sustainability-linked revolving credit facility. The new, five-year loan is among the mining industry’s first sustainability-linked credit facility. The facility, which includes an option to extend by two more...

Events

South32’s Bottom Line Punished By Weak Aluminium Prices In FY 2019

A drop in aluminium prices thanks to the heightening trade war between the United States and the People’s Republic of China took a serious toll on Australian metals miner South32 Limited’s results for the fiscal year of 2019, as the firm reported a 25-percent fall in annual profits over the course of the year. According […]

South32 Alumina Production Jumps 9 Percent Last Quarter To 1,307kt

Australian metals miner South32 Limited updated investors on progress during the closing quarter of fiscal year 2019 yesterday. Overall alumina production in the June quarter rose by 9 percent, with Worsley Alumina leading the charge with a 12-percent jump in production. South32 reported a 1-percent increase of production for the year at Worsley Alumina, ending […]

Japanese Premiums For Aluminium Shipments Increase By 3 Percent In Third Quarter

Third-quarter premiums for Japanese aluminium shipments will rise by 3 percent to US$108 per metric ton thanks to a fall-off in supply that overrode apprehension over a possible drop in regional demand. The rise in premiums is the second consecutive rise, following an increase to US$105 per metric ton in April. Sources who spoke to […]