BARRY FITZGERALD

South32 hugs met coal and manganese for the time being

IT is not lost on the market that for a company wanting greater exposure to base metals as befits a modern company in a decarbonising world, the A$15.5 billion South32 remains heavily reliant on metallurgical coal and manganese, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
Graham Kerr

Graham Kerr

The two accounted for 62% of the company's US$1.61 billion in underlying earnings before interest and tax in FY2023, which was itself down 59% on $3.96 billion previously, as earnings succumbed to the...

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