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Billions in impairments for South32 as nickel, alumina struggle

Focus will shift more to zinc and copper as met coal divestment approaches

Joshua Smith
The Hermosa project could become the first domestic producer of mangenese in the US. Credit: South32

The Hermosa project could become the first domestic producer of mangenese in the US. Credit: South32

Base metals and coal miner South32 will record more than A$1.2 billion in impairments for its alumina and nickel business arms in its fiscal 2024 financial results amid Australian permitting struggles...

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