Mozal Aluminium
South32 aluminium FY2026: Hillside delivers, Brazil recovers, Worsley takes price hit
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 improvements. The year also marked a strategic turning point, with South32 agreeing to sell most of its aluminium value chain assets to Alcoa for up to USD 5.6 billion. CEO Matt Daley stated, “Strong operating performance coupled with commodity price tailwinds underpinned one of the best financial results in our history, with Group Underlying EBITDA increasing by 28 per cent to USD 2.5 billion and Underlying earnings increasing by 55 per cent to USD billion.” Explore- Most comprehensive and...
Mozal aluminium shutdown cuts 30% of South32 output, triggers $117m charge
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 under the current power pricing structure, with electricity accounting for the plant’s highest operating cost. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report Mozal, a USD 2 billion...
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREGermany’s aluminium FRP consumption reaches 1.68 Mt as 2025 trade surplus tops $3.1 billion
AL Circle Analysis: Europe’s aluminium scrap curbs, India’s risk and US’s supply opportunity
German downstream aluminium exports fall 13% in H1 2026 but US enters top 5 with 228.1% import surge
Caustic soda plant setup in India: How aluminium growth is reshaping demand, costs and opportunities
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South32 FY26: Brazil aluminium output rises 4%; Worsley alumina holds steady; Mozal pauses
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. South32 CEO Matt Daley stated, “On 1 July, we announced a step change for South32, with the sale of our aluminium value chain business to Alcoa. Once complete, this sale will unlock significant value for shareholders and reposition South32 as a leading upstream base metals-focused company.” Explore...
Mozal shutdown exposes Africa’s aluminium production vulnerability as Q1 2026 output falls 6.2%
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 drop from 406,000 tonnes in Q4 2025 and a 3.3 per cent Y-o-Y decline compared with 394,000 tonnes in Q1 2025. The decline exposed how dependent Africa’s aluminium chain remains on concentrated production hubs, fragile electricity systems and climate-sensitive infrastructure. Africa’s aluminium output looked stable through 2025 - so what changed? For much of 2025, Africa’s aluminium production remained relatively balanced. Output increased from 394,000 tonnes in Q1 2025 to 407,000 tonnes in Q2,...
South32 targets dividend next year
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 Aluminium, coal at Illawarra, alloy at Australia Manganese and ore at SA Manganese. It also experienced a “substantial” increase in annual exports from SA Energy Coal, although aluminium production at Hillside and Mozal were “broadly unchanged” as efficiency gains offset a “significant” increase in load-shedding. CEO Graham Kerr says: “We have the right balance sheet for the times and intend to distribute a minimum 40% of underlying earnings to our shareholders from next year.” Kerr adds the...
Mozal is largest company in Mozambique in 2013
The Mozal aluminium foundry is once again the largest company in Mozambique, a position it has held for more than a decade, according to the list of Mozambique’s 100 Largest Companies in Mozambique by auditing firm KPMG Mozambique. Based on the results for 2013, the KPMG study shows that Mozal posted turnover of 32.3 billion meticais (US$997 million), a decrease of 6.8 percent. Oil company Petróleos de Moçambique (Petromoc) is in second place with turnover of 18.8 billion meticais. Also according to the report, state power company Electricidade de Moçambique (EDM) rose from seventh place in the previous edition of the study to fourth place in 2013, the beer maker Cervejas de Moçambique fell from fourth to fifth place and the Cahora Bassa Hydroelectric facility (HCB) remained in sixth...
BHP demerger progressing very, very well : Graham Kerr
Graham Kerr, the CEO-elect for the proposed new company ( Newco) said in a press conference on Monday that the progress of the BHP demerger is going “very, very well.” They are now at a stage of seeking approvals from Australia, South Africa and other jurisdictions at the same time engaging with key stakeholder, employees and share holders, all of which is proceeding smoothly. In March, the documentations will be presented to the shareholders and the vote is supposed to be held in May, said Kerr. The yet to be named company, tentatively being called Newco for the time being, is going to be listed primarily in Australia with a secondary listing in South Africa. Kerr revealed that due to the high demand for their shares in the UK, a secondary inward listing will be initiated in UK as well....
Smelters need support to survive
Smelters and foundries need support if they are to survive. As a start, Eskom has to sort out its electricity supply problems, and government’s R4-trillion infrastructure plan needs to get under way soon. Better still, the private sector should be encouraged to provide more traditionally sourced energy. BHP Billiton has turned off its Bayside aluminium smelter in KwaZulu-Natal. Smelting costs too much, even though the company has a hugely preferential electricity pricing agreement with Eskom. Bayside, BHP Billiton’s Hillside aluminium smelter and the Mozal smelter near Maputo in Mozambique together used about 9% of South Africa’s total electricity output. A chunk of state infrastructure funding is being spent on building new energy capacity — mainly the delayed Medupi and Kusile...
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