South32

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...

Events

Norsk Hydro Alerts Bauxite Customers of Supply Problems from Brazilian Mine

Norsk Hydro ASA yesterday issued a notice of force majeure to buyers of its bauxite, as a lack of water in the area has prevented Brazilian miner Mineração Rio do Norte (MRN) from delivering sufficient levels of ore to cover its contractual obligations. The firm advised bauxite customers that a drought in the region has […]

Record Alumina and Aluminium Production Boost South32’s FY2017 Results

Australian metals miner South32 Limited reported results for fiscal year 2017 on Thursday. The firm turned in strong performances across the board over the course of the fiscal year ending on June 30. Revenue for the year totaled US$6,950 million, a 20-percent improvement over last fiscal year’s revenue total of US$5,812 million. The firm turned […]

Rusal Asks Japanese Buyers for Continuation of Q2 Aluminium Premium

According to Japanese aluminium buyers who spoke to industry media on Friday, UC Rusal requested of them a rollover of prices offered in the current quarter into this year’s Q3. S&P Global Platts said in an article yesterday that several Japanese buyers received an email from late Thursday requesting the move, retaining the current terms […]

Metal Bulletin’s 23rd Bauxite and Alumina Conference

Metal Bulletin held its 23rd Bauxite and Alumina Conference in Miami last week. The gathering brought together major industry participants in a collegial environment to discuss tactics and strategies related to production and consumption of bauxite and alumina. Representatives from over 160 public and private organizations on six continents attended the three-day meeting. More than […]