South32 Ltd. (GB:S32) has released an update.
South32 Ltd has maintained its FY24 production and cost guidance, with notable advancements in portfolio restructuring, such as the approval to develop the Taylor zinc-lead-silver deposit and the sale of Illawarra Metallurgical Coal for up to $1.65 billion, enhancing focus on base metals. Record production was achieved at Hillside Aluminium and South Africa Manganese, with a significant increase in coal production at Illawarra Metallurgical Coal. Operations at Australia Manganese were suspended due to Tropical Cyclone Megan, with recovery efforts in progress.
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