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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On Friday, October 20, Aluminium Stewardship Initiative announced the joining of South32 Worsley Alumina as new Production and Transformation member. Worsley Alumina is an integrated bauxite mining and alumina refining operation in the South West of Western Australia. The company began its...
South32, a diversified mining and metals company, successfully converted the first coal-fired boilers to natural gas at its Worsley Alumina operation in Western Australia. This conversion is a significant step toward reducing the greenhouse gas (GHG) emissions generated by the operation. The...
Bingelela Alloy recently inaugurated a new aluminium hub in Richards Bay that will streamline molten aluminium from the nearby Hillside smelter. The launch was attended by deputy minister of trade, industry, and competition Nomalungelo Gina and Umhlathuze mayor Xolani Ngwezi. They recognized the...
South32, with its heterogeneous mining portfolio, has recorded a 20% revenue plunge in FY 2023 ending in June, with the company incurring a loss of $173 million preceded by a non-cash impairment of $1.3 billion for its Taylor deposit at the Hermosa project. The revenue for FY 2023 plummeted from...
The Perth headquartered mining and metal company, South32, which is listed on the Australian Securities Exchange with secondary listings on the Johannesburg and London Stock Exchanges, reported that during the fiscal year ending in June, there had been three consecutive annual production records...
European aluminium manufacturers made concerns about a possible breach in the European Union's carbon border tax (CBAM), which might allow severely polluting exporters such as China and other Asian nations to avoid rules and inundate the union with cheap heavy metal emissions. The BlueGreen...
Headquartered in Perth, South32, the mining and metals company has been working on an ambitious project in the Hillside Smelter to decrease GTC stack Hydrogen Fluoride (HF) emissions to 0,5 mg/Nm³ by April 2025 to meet new environmental regulations. Following the installation of the first Alumina...
Epsilon Carbon, an eminent Indian manufacturer specializing in coal tar pitch derivatives, has recently entered into a partnership with South32, an international mining and metals corporation. The agreement entails importing liquid coal tar pitch from Epsilon Carbon to South32's South Africa and...
Alcoa has invested R$1.3 billion in projects to replace fossil fuels at the Maranhão Aluminium Consortium (Alumar), which was formed by Alcoa Corporation, Rio Tinto, and South32, and at the Poços de Caldas facility (MG) over the last two years. However, attaining net zero carbon emissions is the...
According to a report published on Monday, April 24, South32, a leading mining and metals company headquartered in Perth, is close to meeting production guidance across most of its operations for the financial year to end June 30, 2023. However, the company’s share price dropped nearly 6 per cent...
KCC Chartering AS, a subsidiary of Klaveness Combination Carriers ASA and South32 Marketing Pte Ltd, a subsidiary of globally diversified mining and metals company South32, have agreed to incorporate a carbon pricing mechanism in their existing Contract of Affreightment (COA). The parties agreed on...
According to a report on February 16, South32 is in talks with Eskom, a South African electricity public utility, to source nuclear power for its Hillside Aluminium. Graham Kerr, CEO of South32, said the company had been seeking nuclear power for its smelter to make the production sustainable...
South32 has been facing an accumulation of inventory and working capital at the firm’s South African operations due to the prevailing shipment problems laid by the country’s port, which is controlled by the state-owned corporation Transnet. The Perth and Johannesburg enlisted mining company posted...
On January 23, 2023, the global resources company, South32 Ltd., downgraded the annual production forecast for its Brazil Aluminium operations, but the group remains optimistic in the days ahead. South32 said, "Due to a slower-than-anticipated ramp-up to nameplate capacity, its guidance for the...
According to a report on Wednesday, December 14, global aluminium producers have proposed premiums of $95-$105 per tonne to Japanese buyers for the metal shipments during the first quarter of 2023. That is 4 per cent less than the current quarter, whilst at the same time, 6 per cent higher, as...
Although the Australian aluminium industry has been operating in Australia since 1955 and now includes bauxite mining, alumina refining, aluminium smelting and downstream processing industries, it continues to innovate to meet the needs of consumers today and into the future. Marghanita Johnson,...
Australia could emerge as a leader in net-zero alumina refining worldwide if it obeys a plan developed by three major producers, Alcoa, Rio Tinto, and South 32. Together, the three organisations have developed a detailed road map that ensures net zero emissions by 2050. The report was published by...
According to a recent report, South32 has temporarily stopped its potline at Mozal aluminium smelter in Mozambique after an accident on Monday, November 7, caused two deaths and one injury of a contractor. The news came after South32 reported: “Reduction operations in Potroom A at Mozal have been...
