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South32 half year result 25 feb 16 more jobs to go as s32 reports us 1 7bn loss
South32 is a base metal and coal mining company based in Perth, Western Australia. It was spun out of BHP Billiton on 25 May 2015. The company is listed on the Australian Securities Exchange with secondary listings planned for the Johannesburg bourse and a standard listing on the London market.
Mick davis ivan glasenberg may vie for south32 after bhp demerger
Products
The company is a major producer of commodity metals and coal. They are aluminium, manganese, silver, zinc, lead, nickel, coking coal and thermal coal. It operates mines in South Africa and Australia.
Assets
South32 owns mines and processing facilities in Australia, Colombia, South Africa and Mozambique.
Worsley Alumina at Worsley, Western Australia (86% owned) is a bauxite mine and alumina refinery. The alumina is exported to South32's smelters in South Africa.
Illawarra Metallurgical Coal near Wollongong, New South Wales operates three underground metallurgical coal mines;
Australia Manganese (60 per cent interest); GEMCO mine on Groote Eylandt in the Northern Territory and TEMCO alloy plant in Bell Bay, Tasmania;
Cannington Mine silver, lead and zinc mine, 200km southeast of Mount Isa, Queensland; and
Cerro Matoso nickel mine and smelter in Northern Colombia (99.94%)
Hillside aluminium smelter in South Africa at Richards Bay, KwaZulu-Natal;
Mozal aluminium smelter in Mozambique
Energy Coal (50%) includes 4 coal mines and associated processing near the towns of eMalahleni and Middelburg in Mpumalanga in South Africa.
The Wessels underground and Mamatwan opencut manganese mines at Hotazel in the Northern Cape.
Metalloys smelters at Meyerton, Gauteng in South Africa.