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Hulamin reviews extrusions business, rolled products reaches record volumes 

By: Marleny Arnoldi     19th March 2019 JSE-listed aluminium supplier and exporter Hulamin’s rolled products division reported a “superb” manufacturing performance for the year ended December 31, 2018, increasing its sales by 6% to 228 000 t. This third consecutive year of record sales volumes from rolled products helped to offset... 

Hulamin expects 2018 headline earnings of 91c a share

By: Marleny Arnoldi     18th March 2019 JSE-listed aluminium supplier and exporter Hulamin expects to report a 4% year-on-year decrease in headline earnings a share to 91c for the year ended December 31, 2018. In anticipation of reporting its full-year results on March 19, the company on Monday said it expected to report a loss a... 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom

By: Terence Creamer     6th March 2018 South African steel and aluminium firms remain watchful and uncertain about the effects that proposed increased US trade protection could have on their businesses. However, the companies also indicate that they will seek to mitigate the risk through export diversification, as well as a continued... 

Desalination helps South32’s KZN aluminium smelter beat water woes

By: David Oliveira     9th December 2016 To ensure sustainable operations in drought-stricken Richards Bay, KwaZulu-Natal, diversified miner South32 has invested R74-million in a seawater desalination plant that uses membrane technology to produce cooling process water for its Hillside aluminium smelter. The diversified miner appointed... 

Desalination helps South32’s KZN aluminium smelter beat water woes

By: David Oliveira     9th December 2016 To ensure sustainable operations in drought sticken Richards Bay, KwaZulu-Natal, diversified miner South32 has invested R74-million in a seawater desalination plant that uses membrane technology to produce cooling process water for its Hillside aluminium smelter. The diversified miner appointed... 

Eqstra H1 profit falls on exit of noncore operations 

By: Natasha Odendaal     1st March 2016 JSE-listed Eqstra’s profits plunged into the red during the first half of the 2016 financial year, as an exit plan and overall progress made on the company’s 2020 strategy – and resultant impairments on discontinued operations – weighed on the interim financial results. The integrated leasing and... 

South32 sees opportunity to work with Eskom on further coal supply

By: Martin Creamer     24th August 2015 New diversified mining company South32, which on Monday reported 56%-higher underlying earnings of $1-billion, sees an opportunity to work with Eskom on additional coal supply.   The demerged BHP Billiton entity, which is fast-tracking the implementation of its regional operating model in South... 

South32 shares rise on JSE debut, BHP Billiton shares fall 

By: Martin Creamer     18th May 2015 Value generation from the assets of South32 in the months ahead of its debut on the Johannesburg Stock Exchange (JSE) is indicative the upside potential of the triple-listed BHP Billiton spin-off company, which saw its shares end up well in the money at the JSE's close on Monday and those of BHP... 

On-The-Air (08/05/2015) 

By: Martin Creamer     8th May 2015 The new spinoff from the world’s biggest mining company comes with a 200-job sweetener to the Gold City; The South32 spinoff also opens the way for black business to take over the ownership of major South African aluminium assets; Mali is introducing advanced new mining technology that goes well... 

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