ASX:S32Metals and Mining
Does South32 (ASX:S32) Manganese Rebound Offset Risks From Its Mozal Energy Standoff?
South32 recently reported a quicker-than-expected recovery at its Australian manganese operations after cyclone damage, while also confirming a temporary shutdown of the Mozal aluminium smelter in Mozambique following unsuccessful power price negotiations and associated one-off costs.
This combination of stronger manganese output and the upcoming smelter closure has sharpened investor focus on how South32 balances operational resilience with cost and energy-related risks across its global...