South32 lowers production guidance at Mozal primary aluminum smelter for 2023
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Update time : 2023-04-25 17:11:29
South32, a mining and metals company headquartered in Australia, lowered its production guidance at its Mozal primary aluminum smelter by 8% to 340,000 tons for the year ended June 2023. Besides, the Cannington payable zinc equivalent production was also cut by 6% to 195,900 tons, and the nickel production forecast was decreased by 7% to 40,500 tons.
South32 said that the company was expected to achieve the full-year production guidance at most of its operations. CEO Graham Kerr said that the production for the fiscal year 2023 could increase with the improved market conditions.
