South32
A globally diversified mining and metals company, spun off from BHP in 2015, with operations spanning aluminium, manganese, zinc, silver and other base and battery metals, including the Mozal smelter in Mozambique.
Covered in 2 MetalsCost.com News Intelligence articles, most recently on September 27, 2026.
Coverage
Alcoa Locks In $2.6 Billion of Debt for Its South32 Aluminium Deal
Alcoa has sold $2.6 billion of long-term bonds to pay for most of its planned purchase of South32's bauxite, alumina and aluminium assets. With the financing done, the deal now hinges on shareholder and regulatory approval.
Aluminium Stockpiles Hit a Multi-Decade Low as Gulf War Disruption Squeezes Supply
LME aluminium stocks have halved in 2026 to 246,925 tonnes, the lowest in the exchange's 18-year public record, as Gulf war damage to smelters and a Mozambique plant closure squeeze supply.