Browsing Tag
South32 Limited
9 posts
Alcoa stock surges as Q3 profit doubles to $483m amid major acquisition plans
Alcoa Corporation delivered stronger third-quarter earnings and $472 million in free cash flow, but its planned acquisition of South32's aluminum assets introduces a major test of financing discipline, operating integration and future profitability.
South32’s GEMCO mine returned to profit. Why are jobs now at risk on Groote Eylandt?
South32 Limited has begun workforce consultations at its Groote Eylandt manganese operation after persistent flooding, groundwater inflows and rising costs increased pressure on the Northern Territory mine. No final redundancy number has been disclosed, making the workforce review part of a larger question about whether additional water infrastructure and lower operating costs can restore the asset's long-term competitiveness.
Washington now owns about 10% of Trilogy Metals. Does that change the Arctic copper project?
The U.S. Government has completed a $35.6 million strategic investment linked to Trilogy Metals’ Upper Kobuk Mineral Projects, becoming an approximately 10% shareholder as the Arctic copper project moves deeper into federal permitting.
Trilogy Metals (NYSE American: TMQ) advances Ambler projects with government equity backing
Trilogy Metals has completed a $35.6 million strategic U.S. government investment tied to Alaska’s Upper Kobuk Mineral Projects, combining new equity, warrants and government support around the infrastructure challenge posed by the proposed Ambler Road.
Trilogy Metals (TMQ) signs $35.6m Pentagon investment deal as penny warrants loom
Trilogy Metals has executed definitive agreements for a US$35.6 million strategic investment by the United States Department of War into the company and its Alaska-focused development partnership with South32. The structure gives Washington an initial 10% Trilogy stake plus deeply in-the-money future rights linked to the Ambler Road or a change of control.
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.
What Valhalla Metals Inc.’s Smucker deal with Teck Resources Limited means for critical minerals development in Alaska
Find out how Valhalla Metals Inc.’s Teck-backed Smucker deal could reshape the Ambler mining district and the United States critical minerals story.
Trilogy Metals secures U.S. Department of War investment to advance Alaska’s critical mineral supply chain
The U.S. Department of War invests $35.6M in Trilogy Metals to secure domestic copper and cobalt supply. Find out how this deal reshapes U.S. defense minerals policy.