Browsing Tag
Mozal Aluminium
4 posts
South32 to sell aluminium assets to Alcoa for up to $5.6bn as ASX: S32 pivots to copper
South32’s largest portfolio reset since its creation will exchange a complex global aluminium chain for cash, Alcoa shares and greater exposure to copper and other higher-margin base metals.
South32 (ASX: S32) holds Alcoa deal gains as $5.6bn copper pivot faces execution test
South32 held most of its Alcoa deal rally, but selling 40% of EBITDA makes Sierra Gorda, Hermosa and capital discipline the real test.
South32 (S32) reveals $1.1bn Hermosa Taylor capex blowout, but stretches mine life to 33 years as zinc, silver upside grows
South32's Hermosa capex jumped US$1.1B on US tariffs and shaft delays. A 33-year mine life and US$4.5B spot NPV ask whether the market is pricing it right.
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,…