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21 JULY 2017 AL CIRCLE

South32 reports record aluminium production in FY17 at Mozal Aluminium

EDITED BY : HEENA IQBAL 2MINS READ

 South32, a globally diversified mining and metals company, yesterday reported an increase in production in all segments for the three months to June as compared to previous quarter. However, the company’s full year performance that ended in June was lower for several commodities.

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The company increased its alumina production by 2 per cent in the June quarter to 1.3-million tonnes.  The aluminium production in the same quarter stood at 248,000 tonnes, an increase of one per cent.

South32 achieved 2 per cent increase in total aluminium production at Mozal Aluminium in FY17. “We delivered record annual production at Mozal Aluminium and stronger aluminium volumes overall as both of our smelters continued to operate at their maximum technical capability,” Graham Kerr, South32 Chief Executive Officer said.

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In the full year ended June, the company produced 5.2-million tonnes of alumina, a decrease of one per cent.  Aluminium production stood at 985,000 tonnes, up 2 per cent.

“Worsley Alumina saleable alumina production guidance is unchanged with the refinery expected to produce at its nameplate capacity of 4.6Mtpa (100% basis) across FY17 and FY18. Similarly, Brazil Alumina saleable production guidance for FY17 is unchanged at 1.32Mt with a small increase in production anticipated in FY18,” the company said.


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EDITED BY : HEENA IQBAL 2MINS READ

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