South32's copper equivalent production up 7% in 9M of fiscal 2023 South32
- Globally diversified mining group South32 reported today that in the nine months ended March 2023, its copper equivalent production increased by 7% y-o-y, as the company's recent investments delivered strong growth in copper and low-carbon aluminium.
"Brazil Alumina lifted production by 6% and Worsley Alumina completed planned calciner maintenance. Sierra Gorda delivered strong volume growth in copper and remains on-track to achieve FY23 production guidance," South32 said. "At Mozal Aluminium, we reduced output as the team continued to work through their recovery plan following the devastating loss of two of our colleagues in November, with efforts hampered by severe flooding in the local area. We also temporarily suspended mining activity at Cannington during the quarter to enable the safe return to operations following heavy rainfall," South32 said.
Illawarra Metallurgical Coal's Appin mine encountered challenging strata conditions in the quarter, resulting in lower longwall productivity and a 7% reduction in FY23 production guidance.
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