South32

South32 Limited

Company type	Public
Traded as	ASX:  S32
Industry	Metals Mining
Predecessor	BHP Billiton
Founded	May 18, 2015;10 years ago (2015-05-18)
Headquarters	Perth, Western Australia
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)
Net income	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]

Products

The company is a producer of bauxite, alumina, aluminium, metallurgical coal, manganese, nickel, copper, molybdenum, gold, silver, lead and zinc. ^[3]

Operations

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]

Australia

• Australia Manganese (60% shareholding); GEMCO mine on Groote Eylandt in the Northern Territory ^[5]
• Cannington Mine silver, lead and zinc mine, 200 km southeast of Mount Isa, Queensland ^[6]
• Illawarra Metallurgical Coal near Wollongong, New South Wales operates two underground metallurgical coal mines ^[7] In February 2024, South32 announced an agreement to sell the Illawarra mines to a consortium of Golden Energy and Resources and M Resources. ^[8]
• Worsley Alumina at Worsley, Western Australia (86% owned) is a bauxite mine and alumina refinery, a portion of the alumina is exported to South32's African smelters for conversion into aluminium ^[9]

Brazil

• Mineração Rio do Norte bauxite mine near Porto Trombetas (33%)
• Alumar alumina refinery (36%) and the adjoining aluminium smelter (40%) near São Luís

Chile

• Sierra Gorda copper and molybdenum mine located in the Atacama Desert near Calama (45%)

Colombia

• Cerro Matoso nickel mine and smelter in northern Colombia (99.94%)

Mozambique

• Mozal aluminium smelter in Maputo (47.1%) ^[10]

South Africa

• Hillside aluminium smelter at Richards Bay, KwaZulu-Natal ^[11]
• The Wessels underground and Mamatwan opencut manganese mines at Hotazel in the Northern Cape
• Metalloys smelters at Meyerton, Gauteng

Exploratory semi-autonomous drilling at South32 Hermosa project in Patagonia, Arizona.

United States

• Hermosa, a mineral resource development option located in the Patagonia mountains of southern Arizona
• Ambler Metals (50%), a mineral resource development option located in Alaska

Former operations

• TEMCO, a manganese smelter located at George Town, Tasmania, was sold to GFG Alliance in January 2021 ^[12]
• South Africa Energy Coal (SAEC), operating thermal coal mining assets in South Africa, was sold to Seriti in June 2021 ^[13]

References

1. Admission to Official List Australian Securities Exchange 18 May 2015
2. BHP Billiton's South 32 spin off: Will it pay off? ABC News 5 May 2015
3. "The commodities we bring to society". South32. Retrieved 30 June 2021.
4. South32 debuts as Australia's third-biggest miner with market value of $11.3b Sydney Morning Herald 18 May 2015
5. GEMCO South32
6. Cannington South32
7. Illawarra Metallurgical Coal South32
8. McLaren, Mick (29 February 2024). "South32 Illawarra Metallurgical Coal mines to be sold off in deal that needs BlueScope approval". ABC News (Australia) .
9. Worsley Alumina South32
10. Mozal Aluminium South32
11. Hillside Aluminium South32
12. Anglo American, South32 complete sale of Tasmanian smelter Australian Mining 5 January 2021
13. "Completion of South Africa energy coal divestment" (PDF). South32. 1 June 2021.