MANAGEMENT

Billions in impairments for South32 as nickel, alumina struggle

Focus will shift more to zinc and copper as met coal divestment approaches

The Hermosa project could become the US' first domestic manganese producer. Photo courtesy South32

The Hermosa project could become the US' first domestic manganese producer. Photo courtesy South32

Base metals and coal miner South32 will record more than $1.2 billion in impairments for its alumina and nickel business arms in its fiscal 2024 financial results amid Australian permitting struggles and...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

Automation and Digitalisation Insights 2024

Exclusive research for Mining IQ Automation and Digitalisation Insights 2024 shows mining companies are embracing cutting-edge tech