South32 announces record performance at Australia Manganese

Company News

by Anna Napoli

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$2.205 -$0.030 -1.33%
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Last Updated: 28/02/2020 3:59 PM

South32 (ASX:S32) has achieved record performance at Australia Manganese with a 10 per cent lift in total manganese ore production in Financial Year 18.

The mining company says the positive results reflect stronger demand and pricing.

Meantime, Aluminium production increased 2 per cent on the previous quarter, but was down slightly on the same time last year.

The company says it delivered record annual production at Australia Manganese and Mozal Aluminium.

Shares in South32 (ASX:S32) closed 0.85 per cent higher to $3.58 yesterday.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.