South32 delivered a stronger FY26 financial performance , with underlying revenue rising 7 per cent to USD 8.11 billion, reinforced by higher commodity prices and stronger operating performance. Within its aluminium portfolio, Brazil Aluminium and Hillside Aluminium recorded significant earnings...
Alcoa’s proposed acquisition of South32’s aluminium assets in Australia, Brazil and South Africa is an important development for the global aluminium industry, particularly for South Africa’s primary aluminium production. Aluminium Federation of South Africa (AFSA) CEO, Muzi Manzi, said, “On July...
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South32 reported alumina production of 1.3 million tonnes in the first quarter, unchanged from the prior quarter. But the production increased 13% year-on-year. Production at Brazil Alumina increased by 14% quarter-on-quarter to a record 356,000 in the September 2019 quarter as the refinery...
According to the Reuters report, a global aluminium producer has offered Japanese buyers a premium of $110 per tonne for primary metal shipments during October-December quarter. This premium is higher by 2 per cent than that in the current quarter. The news came after five sources directly involved...
Australian miner South32 Ltd has reported a larger-than-expected 25% drop in annual profit driven by lower aluminium prices which was the result of the trade war between China and the United States. The drop in profits sends its shares lower by as much as 5.8% on Thursday, August 22. Results were...
Australian mining and metals company South32’s chief executive Graham Kerr reportedly says that it’s not the right time to commit large investments in alumina refineries expansion, as the return of Brazil’s Alunorte alumina refinery’s production creates an oversupply of the commodity which...
Chevron (TAPL) Pty Ltd, one of the world's leading integrated energy companies, has signed a domestic gas sales agreement with the South32-operated Worsley Alumina Joint Venture for the supply of natural gas. Chevron will provide approximately 60 petajoules for the operation of the Worsley Alumina...
South32 Ltd reported a 1% quarter-on-quarter rise in aluminium production in the fourth quarter of FY19. Aluminium production increased from 242,000 tonnes in Q3 FY19 to 245,000 tonnes in Q4 FY19. Production stood at 982,000 tonnes for the full year. Hillside Aluminium production increased by 3,000...
South32 reported alumina production of 5.05 million tonnes in FY19, as compared to 5.06 million tonnes in FY18. In Q4 FY19, alumina production increased 9% quarter-on-quarter to 1.3 million. Production at Worsley Alumina increased 1% year-on-year to 3.79 million tonnes in FY19. In Q4 FY2019,...
According to a recent report, South32 Worsley Alumina has submitted a revised proposal to the Environmental Protection Authority (EPA) stating its wish to expand Worsley bauxite mine in the South West of Australia. In the revised proposal, the Australian mining company has also mentioned that the...
SRG Global has secured an asset services contract with South32 Worsley Alumina in Western Australia. Under the contract, SRG Global will provide engineered access solutions for the Worsley Alumina operation, including scaffold services and rope access technicians. Work will start in June 2019 for...
South32 reported two per cent quarter-on-quarter decline in its third quarter FY19 aluminium production. Total aluminium production dropped from 247,000 tonnes in Q2 FY19 to 242,000 tonnes in Q3 FY19. Production remains unchanged at 737,000 in in the nine months ended March 2019. Hillside Aluminium...
Mining company South32 reported total alumina production of 3.74 million tonnes in the nine months ended March 2019, compared to 3.77 million tonnes in the nine months ended March 2018. In Q3 FY19, alumina production stood at 1.2 million tonnes. This was down 13 per cent quarter-on-quarter....
Australia-based metals and mining company South32 has reportedly maintained its production guidance of alumina and aluminium in the fiscal years 2018-19 (July-June) and 2019-20. The company projects volumes in the coming fiscal tipped to be marginally higher. For 2019-20, South32 flagged total...
Diversified miner South32 has reportedly achieved a solid production performance in the December quarter, with production guidance for the full year to June 2019 remaining unchanged for all operations except Illawara Metallurgical Coal. South32 CEO Graham Kerr said today, on January 17, “We...
Australian metals miner South32 Limited released production results for Q1 FY 2019 on 18 October, reporting lower outputs at both alumina and aluminium operations. In the just-ended September quarter, South32 refined 1.15 million tonnes of alumina, off by 11 per cent from the preceding quarter....
Alumina producers, including South 32 and Alumina Limited, on Thursday, October 4, reportedly experienced a sharp rise in shares post Norsk Hydro’s announcement of production shut at the world’s biggest alumina refinery Alunorte. Shares in Alumina Ltd rose as much as 11 percent on Thursday, October...
South Africa's aluminium exports logged a growth over the last three years. South Africa’s exports of aluminium in 2017 grew 14 per cent from the previous year. South32’s Hillside aluminium smelter in Richards Bay, in the province of KwaZulu-Natal, has been single-handedly producing the primary...
The Australia-based metals and mining company South32 is reportedly using a new robot, the BIKE platform, to execute safety checks at its Worsley alumina operation, the world’s largest alumina project comprised of a bauxite mine near the town of Boddington and an Alumina refinery near Worsley. The...
LME aluminium started the week showing restraint with the fall of US dollar; SHFE aluminium stayed rangebound. The US dollar index fell below 96 to the lowest in almost one week at 95.76 on Monday after Federal Reserve took decision to raise interest rates. With the falling dollar, LME aluminium...
