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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Moody's has placed South32's credit ratings under review for a possible downgrade after the miner agreed to sell most of its aluminium, alumina and bauxite assets to Alcoa in a transaction valued at up to USD 5.6 billion. The ratings agency said the proposed divestment would significantly reduce...
Alcoa will acquire South32's aluminium, alumina and bauxite business in a deal worth up to USD 5.6 billion, expanding its position across the aluminium value chain. According to Wood Mackenzie, the acquisition will raise Alcoa's aluminium smelting capacity by around 26 per cent and make it the...
American aluminium producer Alcoa Corporation’s acquisition of a portfolio of bauxite, alumina and aluminium assets from Australian mining company South32 has received a cautious reaction from investors. Since the announcement of an upfront transaction worth USD 4.1 billion , Alcoa shares (NYSE:AA)...
Alcoa has agreed to acquire South32’s aluminium value-chain assets in Australia, Brazil and South Africa in a transaction with an implied enterprise value of up to USD 5.6 billion. The binding conditional agreement will significantly expand Alcoa’s upstream aluminium business, adding bauxite...
Africa’s aluminium sector entered 2026 facing a difficult question: how exposed has the continent’s supply chain become to power disruptions and concentrated production risks? The concern intensified after regional aluminium production declined to 381,000 tonnes in Q1 2026, marking a 6.2 per cent...
The global aluminium industry is going through a significant shift. With new regulations, changing energy needs and a growing focus on sustainability, the competitive landscape is being redefined. Companies are quietly adjusting their strategies across supply chains, recycling efforts and...
Recent investment attention has been brought towards South32 after announcing its production report for the quarter ending March 2026, along with reducing its forecasted Australia Manganese by 6 per cent on account of water management issues. These results provide details of the company’s...
Eskom and South32 have moved forward with a long-term renewable energy plan for the Hillside Aluminium smelter in KwaZulu-Natal, to keep it running past 2031. The proposed solution, currently under discussion, is expected to begin when the smelter’s existing electricity contract expires in 2031,...
South32's Hillside Aluminium smelter in Richards Bay is celebrating 30 years of operations, marking a major milestone in the global aluminium industry. The achievement came after the firm's ongoing commitment to boost regional industrial growth, creating jobs and enhancing export competitiveness....
Leading Australian mining and metals company South32 posted its January-March (Q3) quarterly update, reporting a stable performance throughout the quarter in its aluminium sector and a slight upward spike in the alumina segment. Commenting on the quarterly performance, Graham Kerr, the South32...
South32 is suing Siemens over a turbine failure at its Worsley alumina operation in Western Australia, claiming a software flaw led to the generator being destroyed. The case goes back to an incident in October 2015, when a steam turbine generator at the site overheated during operation. According...
Welcome to Part 2 of the interview with Rachel Howard from Mission Possible Partnership. In this edition, we delve into the decarbonisation journey of the Australian aluminium industry. Ms Howard offers insights into the energy transition strategies of major players like Alcoa, Rio Tinto, and...
Brazil sits among the world’s five major bauxite players as of 2025-alongside Guinea, Australia, Vietnam and Indonesia-with reserves estimated at around 1.7 billion tonnes. But that hasn’t translated into higher output. Production reached 33 million tonnes in 2025, unchanged from 2024, and has been...
Peripheral operations have been paused at the South32-owned Worsley Alumina refinery near Collie, in Western Australia, after a contractor sustained injuries at the site around 4 am on March 14. Emergency services and first aid were administered to the injured 47-year-old worker at the refinery....
Unable to secure a long-term, affordable electricity supply , South32 has placed the Mozal Aluminium Smelter near Maputo, Mozambique, on care and maintenance, effective March 15, 2026. The move effectively brings 25 years of primary aluminium production at the site to a conclusion. Explore- Most...
The Government of Mozambique is seeking negotiations to prevent a permanent shutdown of the Mozal Aluminium Smelter. Owned by South32, Africa’s largest aluminium smelter, Mozal is to suspend operations from March 15, owing to unsustainable electricity costs. As the smelter is a key pillar of the...
The International Monetary Fund (IMF) has warned that the shutdown of the Mozal aluminium smelter in Maputo province, Mozambique, poses major downside risks to the nation’s economy. Owned by Australia’s South32, Mozal is scheduled to move into a “care and maintenance” regime from mid-March after...
After months of news about South32's Mozal smelter coming to a halt, the mineral resources and energy minister Estevao Pale, on Monday, said that the Mozambique government is undertaking every measure possible to keep the smelter up and running in the coming times. This was informed by the minister...
