South32 is a mining and metals company headquartered in Perth, Western Australia. It was spun out of BHP Billiton on 18 May 2015.[1] It is listed on the Australian Securities Exchange with secondary listings on the Johannesburg and London Stock Exchanges.[2]
 | |
| ASX: S32 | |
| Industry | Metals Mining |
| Predecessor | BHP Billiton |
| Founded | 18 May 2015 |
| Headquarters | |
Key people | Karen Wood (Chair) Graham Kerr (CEO) |
| Products | Alumina Aluminium Copper Manganese Metallurgical coal Lead Nickel Silver Zinc |
| Revenue | $US 6.3 billion (2021) |
| $US 1.5 billion (2021) | |
| Website | www.south32.net |
Products edit
The company is a producer of bauxite, alumina, aluminium, metallurgical coal, manganese, nickel, copper, molybdenum, gold, silver, lead and zinc.[3]
Operations edit
South32 has operations in Australia, South Africa, Mozambique, Colombia and the United States. In addition it has investments in an integrated aluminium business in Brazil and a copper and molybdenum mine in Chile.[4]
Australia edit
- Australia Manganese (60% shareholding); GEMCO mine on Groote Eylandt in the Northern Territory[5]
- Cannington Mine silver, lead and zinc mine, 200 km southeast of Mount Isa, Queensland[6]
- Illawarra Metallurgical Coal near Wollongong, New South Wales operates two underground metallurgical coal mines[7] In February 2024, South32 announced an agreement to sell the Illawarra mines to a consortium of Golden Energy and Resources and M Resources.[8]
- Worsley Alumina at Worsley, Western Australia (86% owned) is a bauxite mine and alumina refinery, a portion of the alumina is exported to South32's African smelters for conversion into aluminium[9]
Brazil edit
- Mineração Rio do Norte bauxite mine near Porto Trombetas (33%)
- Alumar alumina refinery (36%) and the adjoining aluminium smelter (40%) near São Luís
Chile edit
- Sierra Gorda copper and molybdenum mine located near Calama (45%)
Colombia edit
- Cerro Matoso nickel mine and smelter in northern Colombia (99.94%)
Mozambique edit
South Africa edit
- Hillside aluminium smelter at Richards Bay, KwaZulu-Natal[11]
- The Wessels underground and Mamatwan opencut manganese mines at Hotazel in the Northern Cape
- Metalloys smelters at Meyerton, Gauteng
United States edit
- Hermosa, a mineral resource development option located in the Patagonia mountains of southern Arizona
- Ambler Metals (50%), a mineral resource development option located in Alaska
Former operations edit
- TEMCO, a manganese smelter located at Georgetown, Tasmania, was sold to GFG Alliance in January 2021[12]
- South Africa Energy Coal (SAEC), operating thermal coal mining assets in South Africa, was sold to Seriti in June 2021[13]
References edit
- ^ Admission to Official List Australian Securities Exchange 18 May 2015
- ^ BHP Billiton's South 32 spin off: Will it pay off? ABC News 5 May 2015
- ^ "The commodities we bring to society". South32. Retrieved 30 June 2021.
- ^ South32 debuts as Australia's third-biggest miner with market value of $11.3b Sydney Morning Herald 18 May 2015
- ^ GEMCO South32
- ^ Cannington South32
- ^ Illawarra Metallurgical Coal South32
- ^ McLaren, Mick (29 February 2024). "South32 Illawarra Metallurgical Coal mines to be sold off in deal that needs BlueScope approval". ABC News (Australia).
- ^ Worsley Alumina South32
- ^ Mozal Aluminium South32
- ^ Hillside Aluminium South32
- ^ Anglo American, South32 complete sale of Tasmanian smelter Australian Mining 5 January 2021
- ^ "Completion of South Africa energy coal divestment" (PDF). South32. 1 June 2021.