South32 sees aluminium production surge to 298,000 tonnes, up 5%

South32 sees aluminium production surge to 298,000 tonnes, up 5%

South32 has reported a 5% increase in its aluminium production for the first quarter of the financial year, reaching a total output of 298,000 tonnes. This surge is attributed mainly to its South African Hillside Aluminium smelter, which has remained a linchpin in the company’s global operations. The uptick is part of South32’s broader strategy […]

TEMCO smelter in Tasmania to be acquired by Sanjeev Gupta’s GFG Alliance

TEMCO smelter in Tasmania to be acquired by Sanjeev Gupta’s GFG Alliance

The Samancor Manganese joint venture (JV), owned by South32 and Anglo American, has agreed to sell its stake in Tasmanian Electro Metallurgical Company (TEMCO) held by subsidiary Groote Eylandt Mining Company (GEMCO) to an entity within British business tycoon Sanjeev Gupta’s GFG Alliance. The deal involves the sale of the TEMCO smelter in Bell Bay, […]