20 March 2024
South32
Limited
(Incorporated in Australia under the Corporations Act
2001 (Cth))
(ACN 093
732 597)
ASX / LSE
/ JSE Share Code: S32; ADR: SOUHY
ISIN:
AU000000S320
south32.net
AUSTRALIA MANGANESE
UPDATE
South32 Limited (ASX / LSE / JSE: S32; ADR: SOUHY)
(South32) provides the following
update on operations at Groote Eylandt Mining Company Pty Ltd
(GEMCO).
Operations at GEMCO remain
temporarily suspended due to the impacts of Tropical Cyclone Megan.
The safety of our people and the community on Groote Eylandt
remains our highest priority. Importantly, our workforce is safe
and there have been no recordable injuries to personnel at the
operations.
As weather conditions have eased on
the Eylandt, access to key infrastructure has been restored to
enable an initial assessment of impact.
Initial assessments have identified
flooding in the mining pits, as well as significant damage to a
critical haul road bridge that connects the northern pits of the
Western Leases mining area and the processing plant. Significant
structural damage to the wharf and port infrastructure has now also
been confirmed.
Further assessment of the full
impact of the damage is ongoing and will inform recovery plans,
with a view to returning to safe operations as soon possible.
Alternative shipping arrangements are also being
evaluated.
While we complete this work, we are
withdrawing guidance for Australia Manganese and will provide a
further update in our March 2024 Quarterly Report.
About us
South32 is a globally diversified
mining and metals company. Our purpose is to make a difference by
developing natural resources, improving people's lives now and for
generations to come. We are trusted by our owners and partners to
realise the potential of their resources. We produce commodities
including bauxite, alumina, aluminium, copper, silver, lead, zinc,
nickel, metallurgical coal and manganese from our operations in
Australia, Southern Africa and South America. We also have a
portfolio of high-quality development projects and options, and
exploration prospects, consistent with our strategy to reshape our
portfolio toward commodities that are critical for a low-carbon
future.
Further information on South32 can
be found at www.south32.net.
Approved
for release to the market by Claire Tolcon, Company Secretary
JSE Sponsor: The Standard Bank of South Africa Limited
20 March 2024