South32 to take $372m impairment on Mozal; mulls smelter's closure on power cost concerns
[Engineering News - South Africa] - 14/08/2025
Diversified natural resources group South32 has warned that it will have to put its Mozal aluminium smelter on care and maintenance in early 2026, as it struggles to secure sufficient and affordable electricity to operate the smelter. The Australia-, Johannesburg- and London-listed group has (…)
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