Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

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
-

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.