South32 Ltd

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South32 misses coal output estimates by 50%.

 

https://www.mining-technology.com/news/south32-coal-output-falls-50/?cf-view

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South32 sues IGO over Tropicana gold mine royalty claim. Australian diversified miner South32 has sued battery metal producer IGO for royalty payments worth A$122.1-million ($80.17-million) related to the Tropicana gold mine operations, the companies said on Thursday.

 

https://www.miningweekly.com/article/south32-sues-igo-over-tropicana-gold-mine-royalty-claim-2024-02-01

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South32 to sell Illawarra project for $1.65 billion.

 

https://www.mining.com/web/south32-sells-flagship-illawarra-project-for-1-65-billion/

 

Damit steigt South32 komplett aus der Kohle aus.

[reko]

vor 9 Stunden von lowcut:

Damit steigt South32 komplett aus der Kohle aus.

Wie auch Teck. Das liegt weniger daran, dass Kohle nichts mehr abwirft als an den ESG Regeln der Investoren.

Der Verkaufserlös entspricht 18% des S32 MarketCaps und den Umsatz des verkauften Projekts eines Jahres.

"The Illawarra project generated $1.64 billion underlying revenue in fiscal 2023 for South32".

South32 ist jetzt überwiegend ein Bauxit und Aluminiumoxid Produzent.

2024-half-year-financial-results-presentation

11. South32 demerged in FY15. Normalised revenue based on FY23 average realised prices at all our operations except for South Africa Energy Coal (SAEC), Tasmanian Electro Metallurgical Company (TEMCO) and Metalloys. For these exceptions, the
normalised revenue is based on the average index prices for FY23 except for SAEC’s domestic energy coal, which is calculated based on R550/t using a USD:ZAR exchange rate of 17.66. South Africa Manganese ore has been restated to 54.6%.
12. Illustrative Group includes H1 FY24 Group copper equivalent production and the addition of Taylor, which was calculated using FY23 realised prices and annual average Taylor FS production in the steady state years

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South32 mine operations in Australia damaged by tropical cyclone.

 

https://www.proactiveinvestors.com/companies/news/1043570/south32-mine-operations-in-australia-damaged-by-tropical-cyclone-1043570.html