South32

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 Inks Two New Agreements With SRG Global For Services At Worsley Alumina

Earlier this week Australian metals miner South32 awarded a pair of services contracts for operations at Worsley Alumina to SRG Global worth approximately A$125 million. According to a filing with the Australian stock exchange, South32 has contracted for specialist Refractory Services from SRG Global, which includes gunning, casting, and installation of refractory products at South32’s […]

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 […]