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Company type | Public |
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ASX: S32 | |
Industry | Metals Mining |
Predecessor | BHP Billiton |
Founded | May 18, 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 |
South32 Limited 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]
The company is a producer of bauxite, alumina, aluminium, metallurgical coal, manganese, nickel, copper, molybdenum, gold, silver, lead and zinc. [3]
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]
BHP Group Limited, formerly known as BHP Billiton, is an Australian multinational mining and metals public company headquartered in Melbourne, Australia.
Falconbridge Nickel Mines Limited was a Canadian mining company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. In 1982 the company was renamed Falconbridge Limited. It was listed on the TSX and NYSE (FAL), and had revenue of US$6.9 billion in 2005. In August 2006, it was absorbed by Swiss-based mining company Xstrata, which had formerly been a major shareholder. On 28 October 2007, Falconbridge Limited changed its name to the Xstrata Canada Corporation.
WMC Resources Limited was an Australian diversified mining company.
Rio Tinto Aluminium is now known as Rio Tinto Alcan after Rio's takeover of Alcan. It was the world's eighth largest aluminium company. It mines and manufactures bauxite, alumina and primary aluminium.
National Aluminium Company Limited is an Indian public sector company having integrated and diversified operations in mining, metal and power. Presently, the Government of India holds a 51.28% equity stake in NALCO, while the Ministry of Mines has administrative control over the company.
Worsley is a town in Western Australia located in the South West region near the town of Collie. The town is within the Shire of Collie.
Alcoa World Alumina and Chemicals is a joint venture between Alumina Limited and Alcoa and is abbreviated to AWAC. AWAC's business is the mining of bauxite, the extraction of alumina and the smelting of aluminium. It has about 25% of the global alumina market. Alcoa acts as the day-to-day manager.
Aluminum Corporation of China Limited, is a state-owned multinational aluminium company headquartered in Beijing, People's Republic of China. It is a publicly-traded company, listed in Hong Kong and in Shanghai. In 2021, it was the world's largest aluminum producer, ahead of China Hongqiao Group, Rusal and Shandong Xinfa.
Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia, particularly the gold rushes of the 1850s. Many different ores, gems and minerals have been mined in the past and a wide variety are still mined throughout the country.
Mining in Western Australia, together with the petroleum industry in the state, accounted for 94% of the State's and 46% of Australia's income from total merchandise exports in 2019–20. The state of Western Australia hosted 123 predominantly higher-value and export-oriented mining projects and hundreds of smaller quarries and mines. The principal projects produced more than 99 per cent of the industry's total sales value.
Aluminium in Africa originates from bauxite, and within Africa is primarily found in Guinea, Mozambique and Ghana. Guinea is by far the biggest producer in Africa, and is a world leader in bauxite production.
Mozal is an aluminium smelter joint project in Beluluane Industrial Park, Maputo, Mozambique. The project is a smelting facility that began operations as a producer of aluminium exclusively for export. The smelter is located 20 kilometres (12 mi) west of the city of Maputo in the south of the country.
The second-largest mineral industry in the world is the mineral industry of Africa, which implies large quantities of resources due to Africa being the second largest continent, with 30.37 million square kilometres of land.With a population of 1.4 billion living there, mineral exploration and production constitute significant parts of their economies for many African countries and remain keys to economic growth. Africa is richly endowed with mineral reserves and ranks first in quantity of world reserves for bauxite, cobalt, industrial diamond, phosphate rock, platinum-group metals (PGM), vermiculite, and zirconium.
The mineral industry of Mozambique plays a significant role in the world's production of aluminium, beryllium, and tantalum. In 2006, Mozambique's share of the world's tantalum mine output amounted to 6%; beryllium, 5%; and aluminium, 2%. Other domestically significant mineral processing operations included cement and natural gas.
Bauxite mining in Australia is an economically significant industry both for Australia and globally. The industry focuses on the mining of bauxite, the primary raw material for alumina and aluminium. Australia is the world's largest bauxite producer, producing almost a third of global bauxite.
The Groote Eylandt Mining Company, known by its acronym GEMCO, is an Australian company that was commissioned to mine high grade manganese ore. GEMCO is majority owned by South32. It runs its operation on 84 square kilometres of the Arnhem Land Aboriginal Reserve, which is part of Groote Eylandt, a 2,326 square kilometre island in the Gulf of Carpentaria that has a population of 1539. The company is one of three manganese ore mining companies in Australia. GEMCO uses a mining extraction method called open cut strip mining. It sends its ore to be smelted at the Tasmanian Electro Metallurgical Company (TEMCO). TEMCO, established in 1965, is Australia's only ferroalloy smelter site, situated at Bell Bay, Tasmania, north of Launceston at the other end of the continent. The company extracts roughly 5 million tonnes of manganese ore every year.
Worsley Alumina comprises a bauxite mine located near the town of Boddington and an Alumina refinery located near Worsley. Ore is mined then transported 50 km (31 mi) to the refinery via an overland conveyor system. Alumina is then transported 55 km (34 mi) to the port of Bunbury for shipping.
Gencor Ltd. was a South African based mining company. It was formed in 1980 after the merger of the General Mining and Finance Corporation and the Union Corporation. Parts of the company are now owned by Gold Fields, South 32 and BHP.