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THINK ALUMINIUM THINK AL CIRCLE
South32 Ltd announced a 3% quarter-on-quarter rise in aluminium production in the June quarter. Aluminium production stood at 246,000 tonnes in 4Q21. The aluminium output came in at 982,000 tonnes in FY21, from 986,000 tonnes in FY20.
Hillside Aluminium saleable production decreased by 1,000 tonnes to 717,000 tonnes in FY21 as the smelter continued to test its maximum technical capacity, despite the impact to production from increased load-shedding.
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In June quarter, sales dropped by 12% as ongoing congestion in the global freight market led to a slipped shipment at the end of the period.
“H2 FY21 Operating unit costs are expected to increase half-on-half (H1 FY21: US$1,536/t) for the
smelter reflecting a stronger South African rand, and higher raw material input and freight costs,” the company said.
Mozal Aluminium saleable production decreased by 1% to 265,000 tonnes in FY21, ‘with the smelter performing strongly in the June 2021 quarter, despite the impact of increased load-shedding’.
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