South32
- Updated
- World markets
ASX closes higher for third day straight as NAB jumps; Santos cuts jobs
The Australian sharemarket ended the day in the green as investors digested a raft of company results, with National Australia Bank jumping after a trading update.
- Staff reporter
Latest
People ‘just picking up’ starving WA cockatoos as burglars target nests
At what point does a pet become a pest? Meanwhile, here’s why one of Perth’s foremost black cockatoo rehab figures is saying he’s ‘never seen anything like it’.
- Emma Young
South32 shares slugged as WA alumina refinery comes under cloud
South32 will slash $830 million off the value of its WA alumina business in response to proposed environmental protections the miner says threaten the viability of its operations in the state.
- Peter Milne
WA jarrah forest clearing given green light for Worsley bauxite mining
The OK for South32 to clear 39 square kilometres of jarrah forest near Boddington has been slammed as disgraceful by environmental groups.
- Peter Milne
The WA companies that boomed and bombed in 2023
Normally, the saying is you need money to make money, but in WA it seems you need ore to make more – and keep a close watch on China, costs and the energy transition.
- Peter Milne
Boards wary about splashing dividend cash as growth slows
Boards are taking a cautious stance on lifting dividends as businesses face rising costs and an economy that is slowing because of steep interest rate rises.
- Clancy Yeates
South32 price slumps after slashing $1.9b from value of US mine
South32 has slashed the value of a key mine it is developing in the United States by $US1.3 billion after the project was hit by a blowout in construction costs and delays.
- Peter Milne
- Exclusive
- Mining
‘Forest disappearing on its watch’: WA botanist blows whistle on mining rehab ‘slip’
“They’ve cleared so much, so quick, if we don’t stand up, if we remain silent, the biodiversity will be gone,” the botanist warned.
- Jesinta Burton
Having defied its critics, what’s the next chapter for South 32?
When it was spun out of BHP with a mix of assets deemed non-core by the mining giant, commentators were variously calling it “CrapCo” or “DudCo”. Several years later, many of its commodities are in strong demand.
- Nick Toscano
All systems go on hydrogen for Fortescue as iron ore output falters
Details of the miner’s further diversification into green hydrogen remain elusive, even as its $5.9 billion Iron Bridge magnetite project finally gets ready to deliver the goods.
- Peter Milne