South32 Limited (ASX: S32)

About South32 Limited (ASX: S32)

South32 Limited is a globally active mining and metals company with a variety of operations and projects spread across different geographies. The company is engaged in the mining of bauxite, and the production of alumina, aluminium, copper, silver, lead, zinc, and metallurgical coal. It operates through several distinct segments:

1. Worsley Alumina, where it mines bauxite and refines it into alumina in Australia.
2. Brazil Alumina, similar to its Australian counterpart, includes a bauxite mine and alumina refinery in Brazil.
3. Brazil Aluminium focuses on an aluminium smelter in Brazil.
4. Hillside Aluminium and Mozal Aluminium are aluminium smelters located in South Africa and Mozambique, respectively.
5. Sierra Gorda operates a copper mine in Chile.
6. Cannington is a mine in Australia producing silver, lead, and zinc.
7. Hermosa is involved in base metals exploration and development in the United States.
8. Illawarra Metallurgical Coal includes coal mines in Australia, designed for metallurgical purposes.
9. The company also deals with manganese through its segments Australia Manganese and South Africa Manganese.

For the trailing twelve months, the company’s reported revenue is AUD 10.44 billion, even though its net income reflected a loss of AUD 1.22 billion. South32 was incorporated in the year 2000 and employs approximately 9,620 individuals. Despite experiencing a significant decline in revenue year-on-year from AUD 9.27 billion to AUD 7.43 billion, resulting in a shift from a net income of AUD 2.67 billion to a loss of AUD 173 million, the company continues its diverse mining operations across different commodities and regions. The official website for South32 is https://www.south32.net/, where more detailed information can be found.

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