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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<p>Perth, Australia based metals and mining company South32 reported significant rise in alumina production at its Worsley Alumina operation and Brazil Alumina refinery for the fiscal year ended June 30, 2016.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto;...
Australia has been a top supplier of bauxite to refineries in the People’s Republic of China for the past several years, but the country is facing increased competition for the Chinese marketplace from Malaysia and Guinea, according to a report compiled by the Australian government’s Department of...
The Richards Bay Industrial Development Zone (RBIDZ) in South Africa wants to establish an aluminium metals hub comprising downstream product manufacturers in the KwaZulu-Natal city to tap into the growing use of aluminium instead of steel by the automotive sector. Aluminum has become the second...
Hughes Drilling’s WA division JSW has won contracts with Ramelius Resources and South 32. The South32 contract is at the Boddington bauxite mine for 18 months. Under the contract, JSW will continue to provide blast hole drilling services, utilising four blast hole drills to complete the project....
South32, the spin-off of mining giant BHP Billiton, posted underlying first half earnings of US$26mn. The figure, for the six months ended December 31, compares with underlying earnings of US$460mn a year earlier, the firm said in a release. The new company took operational control of its assets a...
Australian miner South32 said it plans to run its South African aluminium division at current reduced rates until at least mid-2016, as it wrestles with a sector-wide downturn. In September, South32 suspended the operation of 22 smelting pots, or electrolytic cells, equivalent to 3 percent of the...
South32 has warned of job losses at its Worsley alumina operation in the South West after announcing big staffing cuts at its South African manganese operation and flagging a writedown of $US1.7 billion. The BHP spin-off employs about 1800 workers at its bauxite mine near Boddington, its alumina...
BHP spin-off South32 has slashed its debt and sharply cut costs as it races to stay ahead of weaker earnings amid a slump in commodities prices. The company on Thursday posted drops in production across most of its businesses for the December quarter. South32 has already cut or suspended production...
South32 has reported a 10 percent jump in first quarter alumina output after maintenance work was completed in Australia. Production in the three months to September 30 was 1.36 million metric tons, from 1.24 million tons a year earlier, when the assets were operated by BHP, the Perth-based company...
South32 has delivered modest lifts in first-quarter alumina and coal production, and says it’s progressing well with plans to strip further costs out of its business as the resources sector continues to grapple with downbeat operating conditions. The mining group (S32), which was spun off from BHP...
Owing to the increased use of aluminium in the automotive and beverage packaging industries, demand for aluminium in South Africa has positive long-term prospects, says Aluminium Federation of South Africa (Afsa) executive director Mark Krieg. “There is tremendous growth opportunity in South...
Alcoa chief executive Klaus Kleinfeld says his company's plans to demerge its upstream and downstream businesses will give the company "optionality" for dealmaking, with analysts pointing to the potential for multi-billion dollar transactions involving Alumina Ltd, Rio Tinto and South32. The US...
West Australian Government-owned electricity generator Synergy has reached an agreement to sell surplus coal to the operators of a South West alumina refinery plagued by supply issues. The deal between Synergy and the operators of the Worsley alumina refinery, owned by South 32, was dubbed a...
Local furnace and industrial services company Dickinson Group last month delivered its new MegaVac cyclone loader to resources company South 32, where the machine will be used for a large basement cleaning project for the company’s Mozal aluminium smelter, in Mozambique. Dickinson Group CEO Trevor...
South32 Ltd., the miner spun out of BHP Billiton Ltd. in May, said full-year earnings rose 41 percent helped by its aluminum and alumina operations. Underlying earnings were $575 million in the year ended June 30, compared to a proforma $407 million a year earlier, the Perth-based miner said in a...
BHP Billiton owned South32 anticipates declaring a dividend at the end of next year.This was revealed in the company’s third quarterly report, which it issued to shareholders yesterday. In the statement, South32 notes it has hit four annual production records including saleable alumina at Brazil...
As part of a global tender for services and products, MAXAM Civil Explosives’ has been selected for 3 years as Worsley’s explosives and solutions provider at the Boddington Bauxite Mine situated in the south-west region of Australia. The South32 Worsley Alumina asset consists of the bauxite mine...
BHP Billiton spin-off South32 will record a $US1.9 billion writedown on manganese and coal assets, and said curtailing production of manganese and aluminium was designed to maximise shareholder value, rather than volume. South32 today said the $US1.3bn reduction in book value of the manganese...
