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Financial Reports

Mozal aluminium shutdown cuts 30% of South32 output, triggers $117m charge
Primary AL
South32 has recognised exceptional costs of USD 117 million after the closure of its Mozal aluminium smelter in Mozambique, as an unresolved power deal impasse with the Mozambican government keeps operations stalled. The Mozal smelter, one of Africa’s largest aluminium producers with a 560,000-tonne annual capacity, entered care and maintenance on March 15 after negotiations over electricity tariffs failed. South32 has maintained that aluminium production is no longer commercially viable unde ...
Alcoa's $4bn Q2’26: Portland smelter restart lifts aluminium output and earnings
Primary AL
Alcoa Corporation has reported its strongest quarterly revenue to date, backed by the successful restart of capacity at its Portland aluminium smelter in Victoria, Australia, higher aluminium prices and increased shipments. The second quarter (Q2) also marked a milestone with Alcoa’s acquisition of South32's bauxite, alumina and aluminium assets, consisting of the Worsley Alumina operation in Western Australia. Commenting on the quarter, Alcoa President and Chief Executive Officer William Opl ...

Alumina
Australia-based mining and metals company South32 released its financial report for the June quarter 2026 (Q4) and the FY2026 annual performance, delivering a mixed operational performance across its aluminium portfolio during FY2026. Higher year-on-year production from Brazil Alumina and Brazil Aluminium (despite its weak quarter-on-quarter output) offset softer sales at several operations and the suspension of production at Mozal Aluminium. Worsley Alumina maintained stable production levels ...
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