South32, a mining and metals company headquartered in Australia, lowered its production guidance at its Mozal primary aluminum smelter by 8% to 340,000 tons for the year ended June 2023. Besides, the Cannington payable zinc equivalent production was also cut by 6% to 195,900 tons, and the nickel production forecast was decreased by 7% to 40,500 tons.
South32 said that the company was expected to achieve the full-year production guidance at most of its operations. CEO Graham Kerr said that the production for the fiscal year 2023 could increase with the improved market conditions.
South32 lowers production guidance at Mozal primary aluminum smelter for 2023
25 Apr 2023 15:05 reported by Joy Liu
- A
- A
- A