South32 sticks to plan in June quarter

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South32 sticks to plan in June quarter
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Diversified miner South_32 has posted a solid quarter with strong sales as its logistical solutions offered an alternative to constrained global freight congestion mining resources manganese copper aluminium nickel silver

PERTH – Diversified miner South32 has seen production increases in alumina, aluminium, copper, nickel and manganese ore for the three months to June, with operations delivering to plan despite weather impacts and labour availability issues.

Meanwhile, nickel production for the quarter was up 2% on the third quarter, to 10 800 t, while manganese ore production was up 22% to 1.4-million tonnes with the South Africa Manganese operation delivering record production. Silver production for the full year was down 3%, to 13.19-million ounces, while lead production was down 8%, to 120 600 t, and zinc production was down by 5% to 64 500 t. Nickel production, for its part, was up by 22% in the full year, to 41 700 t.

The company noted that innovative logistic solutions were established across multiple operations to mitigate the impact of ongoing port congestion, tight freight markets and the broader disruption of global supply chains, contributing to its strong sales performance in the June 2022 quarter.

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