South32 Achieved Record Alumina Production in 1HFY20

  • Jan 16, 2020 AEDT
  • Team Kalkine

South32 Limited (ASX: S32) increased alumina production by 4% to 2,635kt and it maintained saleable aluminium production despite the impact of load-shedding at Hillside Aluminium and Mozal Aluminium.

  • The company also said that lower production at its South Africa energy coal business will deliver full year production at the bottom end of guidance;
  • The company’s energy coal production fell by 2% to 12,621kt;
  • It has entered into a conditional agreement with Seriti Resources for the sale of shareholding in South Africa Energy Coal.

At AEST 01:07Pm, the stock was trading at $2.870 per share, up by 0.702% from its previous close.

 

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