South32

South32 is a mining and metals company headquartered in Perth, Western Australia. It was spun out of BHP Billiton on 25 May 2015.[1] The company is listed on the Australian Securities Exchange with secondary listings on the Johannesburg and London Stock Exchanges.[1]

South32 Limited
TypePublic
ASXS32
Industry
PredecessorBHP Billiton
FoundedMay 25, 2015; 6 years ago (2015-05-25)
Headquarters,
Australia
Area served
Worldwide
Key people
  • Graham Kerr (CEO)
  • Katie Tovich (CFO)
  • Jason Economidis (COO Australia)
  • Mike Fraser (COO South Africa)
Products
RevenueUS$6,948 million (2015)
US$1,001 million (2015)
US$575 million (2015)
Total assetsUS$11,035 million (2015)
Total equityUS$12,247 million (2015)
Number of employees
15,545 (2015)
Divisions
  • Australia Region
  • Africa Region
  • Marketing
Websitewww.south32.net

ProductsEdit

The company is a producer of bauxite, alumina, aluminium, metallurgical coal, manganese, nickel, silver, lead and zinc.[2]

OperationsEdit

South32 has operations in Australia, South Africa, Mozambique, Colombia and the United States, and has a minority partnership (36%) in an alumina refinery in Brazil.[3]

Former operationsEdit

  • TEMCO, a manganese smelter located at Georgetown in Tasmania, was sold to GFG Alliance in January 2021
  • South Africa Energy Coal (SAEC), operating thermal coal mining assets in South Africa, was sold to Seriti in June 2021.[6]

ReferencesEdit

  1. ^ a b "South32 Demerger Implemented". bhpbilliton.com. Archived from the original on 1 November 2015. Retrieved 23 October 2015.
  2. ^ "The commodities we bring to society". South32. Retrieved 30 June 2021.
  3. ^ "South32 debuts as Australia's third-biggest miner with market value of $11.3b". 18 May 2015. Retrieved 16 June 2015.
  4. ^ a b c d e "Australia Region". South32. Retrieved 24 June 2015.
  5. ^ a b c d "Africa". South32. Retrieved 24 June 2015.
  6. ^ "Completion of South Africa energy coal divestment" (PDF). South32. 1 June 2021.