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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Big leadership call. Bigger implications for the metals value chain as South32 makes alterations to its leadership team by welcoming Matthew Daley as part of it. He has been selected to take on the role of the new Deputy Chief Executive Officer at South32. Matthew Daley has extensive operational...
Farms near South32's Worsley bauxite mine in Western Australia reported a drastic change in their water flow and salinity levels. While some areas have dried up, others report a sudden rise in groundwater levels, resulting in waterlogging and land degradation. Some residents, including local farmer...
After months of prolonged struggle to secure a long-term power supply at Mozal Aluminium Smelter in Mozambique, South32 Limited (ASX/LSE/JSE: S32) has finally decided to halt its operations. By March 15, 2026, the company plans for the Mozambique smelter closure and subsequent care and maintenance,...
Australia’s South32 is currently in talks with the Mozambican government about the future of Mozal, which is the largest aluminium smelter and a key industrial employer in the country. Even with these discussions underway, the company is preparing for a potential halt in operations starting in...
South32, an Australian mining and metals company headquartered in Perth, Western Australia, has given a maintenance contract to EnerMech for its Alumina Worsley refinery. The three-year agreement with the company is for EnerMech to be looking after the overall maintenance, including inspection,...
Australia’s South32 has reported a 75 per cent rise in annual profit, lifted by strong alumina operations and higher prices across its portfolio, though the result fell short of analyst forecasts. For the year ended June 30, underlying earnings came in at USD 666 million, up from USD380 million a...
At present, the Australian electricity sector is under a lot of pressure, especially after the surging risk of renewable energy curtailment, creating a force to reduce the electricity output. The major reason behind this is the transmission, storage constraints and technicalities. According to the...
Orogen Royalties and a wholly owned subsidiary of South32, has signed the Generative Exploration Alliance Agreement for exploring the base metals in Western North America. The entire subsidy is given by South32, while Orogen would keep a royalty interest if any base metal is discovered. The...
Australian mining company South32 Limited is on shifting ground. Analysts at RBC Capital Markets have reduced South32’s price target to AUD3.20 (USD 2.0) from AUD3.50 (USD 2.28), even after it posted 75 per cent jump in annual profit to USD 666 million. However, despite the price target cut,...
Bauxite and alumina can be considered as one of the most essential parts of Western Australia’s mining industry, underpinning the production of aluminium used worldwide in transport, infrastructure, and packaging. As one of the State’s most vital commodities, the sector is also closely monitored...
Indonesia’s decision to ban bauxite exports in 2023 has changed the map of alumina supply. Within a year, the country flipped from being a raw ore shipper to a net exporter of alumina in 2024, a shift that is now unsettling traditional producers in Australia and Brazil. Analysts believe Indonesia...
South32, one of the world’s most prominent diversified miners, finds itself at a critical juncture. The company is caught between the looming silence of its Mozal Aluminium smelter in Mozambique and the fresh promise of growth from its Australian assets. Together, these developments illustrate the...
A new study by Market Forces has shed light on Australia’s industrial gas consumption, revealing a striking concentration of demand among a handful of facilities. According to the findings, just 10 industrial sites are responsible for more than half (50.9 per cent) of the country’s total...
As of August 2025, South32, a mining and metals company, has made an announcement of its plan to place the operations of Moral Aluminium on care and maintenance from March 2026. Back in July 2025, Australia's South32 announced plans to mothball its Mozal Aluminium Smelter in Mozambique, citing an...
South32, a leading global mining and metals company, has announced that two of its aluminium operations exceeded production targets in FY25. Notably, Brazil Aluminium and Mozal Aluminium, two of the company's key smelters, have surpassed their targets by 6 per cent and 1 per cent, respectively,...
The future of Mozambique’s Mozal Aluminium Smelter is under a cloud, with South32 set to write down the value of its majority stake due to unresolved power supply issues. After six years of unsuccessful negotiations for a new electricity agreement, the company now faces growing doubts over the...
Aluminium production at Mozal, Mozambique’s largest industrial operation, rose 12 per cent year-on-year to 265,000 tonnes in the nine months ending March 2025, supported by improved operational conditions and the successful execution of South32’s recovery plan following civil unrest after the...
South32, the global mining and metals giant has flagged a potential impairment about the future of its Mozal Aluminium smelter, in its FY25 financial results due to deepening uncertainty over the smelter’s long-term electricity supply. The mining and metals major stated that ongoing contract...
