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BRIEF-South32 says quarterly alumina production 1,334 kt

Published 21/04/2016, 09:58 am
© Reuters.  BRIEF-South32 says quarterly alumina production 1,334 kt
S32
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April 21 (Reuters) - South32 Ltd S32.AX :

* Quarterly report March 2016 S32.AX

* Qtrly aluminium production 240 kt versus 241 kt in prior quarter

* Qtrly alumina production 1,334 kt versus 1,302 kt in prior quarter

* Guidance for depreciation and amortisation (US$760M) and capital expenditure (US$550M) for FY 2016 remains unchanged

* Qtrly payable nickel production 9.7 kt versus 8.8 kt in prior quarter

* Well positioned to achieve FY 2016 production guidance for all our operations

* Remain on track to reduce controllable costs by US$300M

* FY 2016 alumina production is expected to be in line with previous guidance of 1.32mt

* Metal production is now expected to remain largely unchanged in FY 2016

* Source text for Eikon ID:nASXY6ykZ

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