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South32 Ltd

S32.AX

Latest Trade

3.75AUD

Change

0.04(+1.08%)

Volume

16,599,203

Today's Range

3.73

 - 

3.80

52 Week Range

2.44

 - 

4.07

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
3.71
Open
3.77
Volume
16,599,203
3M AVG Volume
433.56
Today's High
3.80
Today's Low
3.73
52 Week High
4.07
52 Week Low
2.44
Shares Out (MIL)
4,662.86
Market Cap (MIL)
17,488.74
Forward P/E
6.80
Dividend (Yield %)
1.75

Next Event

Half Year 2022 South32 Ltd Earnings Release

Latest Developments

More

Alba Board Approves Offtake Agreement With South32 For Supply Of Alumina

Ausquest Says Co And South32 Extend Strategic Alliance Agreement

South32 Posts Qtrly Metallurgical Coal Production 1,575 Kt

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About South32 Ltd

South32 Ltd is an Australia-based diversified mining and metals company. The Company’s segments include Worsley Alumina, focused on integrated bauxite mine and alumina refinery in Western Australia, Australia; Hillside Aluminium, which operates as an Aluminium smelter in South Africa; Mozal Aluminium, which operates as an Aluminium smelter in Mozambique; Brazil Alumina, which operates an Alumina refinery in Brazil; Illawarra Metallurgical Coal, which operates uderground metallurgical coal mines in New South Wales; Eagle Downs Metallurgical Coal engaged in exploration and development of metallurgical coal deposit in Queensland, Australia; Australia Manganese, which is an Integrated producer of manganese ore in the Northern Territory and alloy in Tasmania, Australia; Cerro Matoso, which operates laterite ferronickel mining and smelting complex in Colombia, and Australia Manganese, which is an integrated producer of manganese ore in the Northern Territory and alloy in Tasmania, Australia.

Industry

Metal Mining

Contact Info

Level 47, 108 St Georges Terrace

PERTH, WAS

6000

Australia

+61.8.93249000

https://www.south32.net/

Executive Leadership

Karen Joy Wood

Non-Executive Independent Chairman of the Board

Graham Kerr

Chief Executive Officer, Managing Director, Executive Director

Katie Tovich

Chief Financial Officer

Jason Economidis

Chief Operating Officer

Michael Fraser

Chief Operating Officer

Key Stats

2.13 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2019

7.3K

2020

6.1K

2021

6.3K

2022(E)

8.0K
EPS (USD)

2019

0.194

2020

0.039

2021

0.103

2022(E)

0.388
Price To Earnings (TTM)
89.23
Price To Sales (TTM)
2.27
Price To Book (MRQ)
1.39
Price To Cash Flow (TTM)
14.39
Total Debt To Equity (MRQ)
13.48
LT Debt To Equity (MRQ)
8.92
Return on Investment (TTM)
1.17
Return on Equity (TTM)
1.05

Latest News

Latest News

Australia's South32 says Q1 met coal output drops 15%, sees prices rising

Australian diversified miner South32 Ltd said on Thursday higher metallurgical coal prices would help offset a 15% drop in first-quarter production of the steelmaking material.

Sumitomo to sell Chilean copper mine stakes to South32 for $1.55 billion

Japan's Sumitomo Metal Mining Co Ltd and Sumitomo Corp agreed to sell their stakes in the Sierra Gorda copper mine in Chile to Australian miner South32 Ltd for $1.55 billion including net debt adjustment, the companies said on Thursday.

UPDATE 1-South32 flags $728 mln charge at Illawarra, quarterly met coal output drops

Australia's South32 on Wednesday flagged an impairment charge of $728 million at its Illawarra project and reported a 12% drop in its fourth-quarter metallurgical coal output hurt by changes in mining structures at its Appin mine.

Australia's South32 posts 12% decline in quarterly metallurgical coal output

Australian diversified miner South32 Ltd posted a 12% drop in its fourth-quarter metallurgical coal output on Wednesday, hurt by planned changes in mining structures at its Appin mine in the Illawarra project near Sydney.

South32 expects loss of up to $175 million from S.African coal unit sale

Australian miner South32 Ltd said it was expecting to book a loss of up $175 million from the sale of its South African thermal coal assets, which was finalised with mining group Seriti Resources on Monday.

Column: The stampede to exit coal is a worrying harbinger for LNG

A global diversified miner paying to exit its coal assets, and a multi-bil-lion dollar investment by Qatar to reclaim its status as the world's largest producer of liquefied natural gas have more in common than might be visible at first glance.

South32 to pay clean-up costs to close South African coal unit sale

South32 Ltd will provide up to $250 million in funds to smooth the sale of its South African energy coal business to mining group Seriti Resources, the company said on Thursday.

South32 now expects South African thermal coal exit after March quarter

Australia's South32 Ltd said on Monday sale process of its South African thermal coal business is now expected to be completed after the March quarter, amid contract negotiations between the miner and electricity generator Eskom.

Aboriginal Australian group encouraged but wary of South32's engagement

An Australian Aboriginal group said it was encouraged by the increased engagement taken by miner South32 over a new mine in Western Australia but remained cautious whether the miner will do more than the legal minimum.

REFILE-Aboriginal Australian group encouraged but wary of South32's engagement

An Australian Aboriginal group said it was encouraged by the increased engagement taken by miner South32 over a new mine in Western Australia but remained cautious whether the miner will do more than the legal minimum.

UPDATE 2-Australia's South32 posts profit rise on rebound in commodities demand

Australian diversified miner South32 Ltd posted a slight increase in half-year profit on Thursday, and said a strong recovery in demand for key commodities outside China early this year has put the company on track for solid growth.

UPDATE 2-Australia state commission blocks South32 coal mine extension

An Australian planning body on Friday blocked global miner South32 Ltd's planned coal mine extension in New South Wales state, citing concerns over its potential irreversible impact to Sydney's water resources.

UPDATE 1-Australia's South32 mulls Eagle Downs stake sale after halting development

Diversified miner South32 Ltd said on Thursday it was considering a possible divestment of its 50% interest in the Eagle Downs metallurgical coal project in Queensland, after deciding to put its development on hold.

Australia's South32 posts higher metallurgical coal, manganese output

Australia's South32 Ltd <S32.AX> on Monday posted a 12.8% jump in first-quarter metallurgical coal output supported by the reintroduction of a form of underground coal mining at the diversified miner's Illawarra project.

South32 COO "optimistic" about finalising South African thermal coal exit this year

South32 <S32.AX> Chief Operating Officer Mike Fraser on Wednesday said he is still "positively optimistic" that the company will close the sale of its South Africa Energy Coal (SAEC) assets to unlisted Seriti Resources this year, though the deal has taken longer than he...

Australia's South32 profit plunges, defers share buyback decision

Australian miner South32 Ltd on Thursday reported an 80.5% slump in full-year underlying profit on low prices for its key commodities and delayed a share buyback decision given uncertainty in global growth due to the COVID-19 pandemic.

Australia's South32 profit tanks 80% on U.S.-China trade war, virus hit

Australian miner South32 Ltd reported an 80.5% slump in full-year underlying profit on Thursday, as prices and demand for its key products were battered by the Sino-U.S. trade war and the COVID-19 pandemic.

Column: Tasmanian manganese smelter sale points to greener future for metals - Russell

The sale of a manganese smelter in Tasmania isn't something that would normally gather too much attention in the wider world of global commodities, but it may be a harbinger of a wider move to more environmentally friendly steel and other metals.

Australia's South32 to sell manganese alloy smelter TEMCO to UK's GFG Alliance

Australian diversified miner South 32 Ltd said on Thursday it would sell its entire stake in manganese alloy smelter Tasmanian Electro Metallurgical Company (TEMCO) to UK-based conglomerate GFG Alliance.

Miner South32 files request for arbitration in Colombia royalty dispute

Mining company South32 has filed a request for arbitration at the World Bank over a dispute with Colombia concerning royalty payments from its majority-owned Cerro Matoso ferronickel mine, the company confirmed on Tuesday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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