South32 Ltd

South32 Ltd. operates as a metal and mining company. It operates through the following segments: Worsley Alumina, Hillside Aluminium, Mozal Aluminium, Brazil Alumina, South Africa Energy Coal, Illawarra Metallurgical Coal, Eagle Downs Metallurgical Coal, Australia Manganese, South Africa Managanese, Cerro Matoso, Cannington, and Hermosa. The Worsley Alumina segment offers bauxite mine and alumina refinery in Western Australia. The Hillside Aluminium segment offers aluminium smelters at Richards Bay, South Africa. The Mozal Aluminium segment includes aluminium smelter in Mozambique. The Brazil Alumina segment covers alumina refinery in Brazil. The South Africa Energy Coal segment comprises of open-cut and underground energy coal mines and processing operations in South Africa. The Illawarra Metallurgical Coal segment consists of underground metallurgical coal mines in New South Wales, Australia. The Eagle Downs Metallurgical Coal segment involves in the exploration and development of metallurgical coal deposit in Queensland, Australia. The Australia Manganese segment produces manganese ore in the Northern Territory and manganese alloys in Tasmania. The South Africa Manganese segment involves in the production of ore and alloy in South Africa. The Cerro Matoso segment includes laterite ferronickel mining and smelting complex in Colombia. The Cannington segment explores silver, lead, and zinc. The Hermosa segment involves in exploration and development option for zinc, lead and silver sulphide deposit in Tucson, United States. The company was founded on July 12, 2000 and is headquartered in Perth, Australia.

South32 achieved impressive revenue and earnings beats of +8% and +14%, respectively for the latest fiscal year. The company recently revealed a new $200 million buyback program, and its 2H FY 2024 final dividend was better than what the market had anticipated. South32's key valuation metrics are enticing and support a Buy rating, taking into consideration the stock's mid-single digit EV/EBITDA ratio and its potential 6% shareholder yield.

South32 Is A Buy With New Repurchase Plan And Results Beat (Rating Upgrade)

PRESS RELEASE 20 August 2024, Copenhagen, Denmark FLSmidth to deliver concentrate and tailings filters to South32's Hermosa critical minerals project in the United States This new FLSmidth order will contribute to an increased supply of critical minerals such as zinc and manganese supporting the continued electrification of society. The mine operation is designed to minimize its environmental impact, and the equipment that FLSmidth will deliver plays a critical role in supporting this.

FLSmidth to deliver concentrate and tailings filters to South32's Hermosa critical minerals project in the United States

South32 (SOUHY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

South32 (SOUHY) Upgraded to Buy: Here's Why

South32 Ltd (LSE:S32, ASX:S32, OTC:SHTLF, JSE:S32) shares traded lower, losing around 12.5%, as it announced some $818 million of write-offs – taking a hit for alumina and nickel assets. It comes as the company's flagship Worsley alumina operation was performing below target, due in part to equipment downtime.

South32 shares hit by $800mln of alumina and nickel write-offs

South32 has agreed to sell its Illawarra Metallurgical Coal business in eastern Australia for up to $1.65 billion to an entity owned by Golden Energy and Resources and M Resources.

South32 to Sell Illawarra Metallurgical Coal for Up to $1.65 Billion

South32 Limited's stock has underperformed recently because of its FY 2023 earnings miss. But there are catalysts pertaining to capital recycling and shareholder capital return that might support a recovery in the South32 Limited share price. I maintain my Buy rating for South32, in consideration of potential re-rating catalysts.

South32: Watch Capital Return And Capital Recycling Catalysts

South32's portfolio mix optimization efforts in terms of geographical market and commodity exposure will enable the company to grow faster while reducing concentration risks. SOUHY is a play on decarbonization, and the company's balance sheet strength gives it the opportunity to utilize M&A as a means of further optimizing its portfolio. I continue to have a bullish view of South32, as its valuations remain attractive.

South32: Decarbonization Play With Good Financial Strength

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Investing in dividend stocks allows you to earn dividend income, the best passive income stream. Dividend Income is my primary vehicle on the road to Financial Freedom, which you can see through my Dividend Portfolio.

Dividend Income Summary: Lanny's April 2023 Summary

(Kitco News) - South32's copper equivalent production up 7% in 9M of fiscal 2023

South32's copper equivalent production up 7% in 9M of fiscal 2023

South32: A Bright Future

South32 Ltd. (SOUHY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects.

South32 Ltd. (SOUHY) Upgraded to Strong Buy: Here's What You Should Know

Here is how South32 Ltd. (SOUHY) and Steel Dynamics (STLD) have performed compared to their sector so far this year.

Is South32 (SOUHY) Outperforming Other Basic Materials Stocks This Year?

Are Basic Materials Stocks Lagging South32 (SOUHY) This Year?

South32 had a great 2022 with high production and rising commodity prices. Cyclical tailwinds and new mining operations will drive growth.

South32: Put It On Your Watchlist

South32, the BHP spin-off, has managed to re-invent itself through strategic portfolio management. The firm is more focused than ever on the decarbonization theme.

South32: Minerals Portfolio Set For Upside

South32's recent quarterly operating metrics were decent, with the QoQ growth in copper and manganese ore production volumes particularly noteworthy. The company has multiple levers to unlock value for the benefit of shareholders, such as accelerated buybacks, the sale of royalties, and the divestment of non-core assets.

South32: Multiple Levers To Unlock Value

I like how South32 reversed course on its prior decision to invest in an expansion of Australian coal mine, as this is an indicator of good capital allocation. In FY 2022, South32 returned excess capital equivalent to 11% of its market capitalization, and this includes special dividends and buybacks on top of ordinary dividend payouts.

South32: Capital Allocation In The Limelight

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Overlooked by Investors, Royalties Are Fetching Princely Sums

(Kitco News) - South32 (ASX / LSE / JSE: S32) announced Tuesday that the company reported its first copper production since acquiring a stake in the Sierra Gorda copper mine in Chile on 22 February 2022.

South32 says achieved 'excellent' operating results in March quarter, reports first copper production

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In October, we (my wife and I) received a total of $966.97 of dividend income.

Dividend Income Summary: Lanny's October 2021 Summary

(Kitco News) - South32 reported today that it has recorded sequentially lower base metals production in September quarter 2021, with Cerro Matoso impacted by a temporary equipment outage, while Cannington extracted a planned series of lower grade stopes.

South32 reports lower base metals production in September quarter, maintains its guidance

(Kitco News) - South32 reported today that the group's statutory profit after tax declined by US$130M to a loss of US$195M in its financial year ended 30 June 2021

South32 posts $195 million loss in FY 2021 on Illawarra impairment charges

South32 Limited (SOUHY) CEO Graham Kerr on Q4 2021 Results - Earnings Call Transcript

South32 Limited (SOUHY) CEO Graham Kerr on Q2 2021 Results - Earnings Call Transcript

News for South32 Ltd Stock (SOUHY)