South32

South32 maintained FY25 production guidance for all operations except Mozal Aluminium, which faced challenges due to civil unrest in Mozambique. Base metals and alumina production rose, with alumina volumes jumping 14% in Q4, driven by higher prices and improved operations. The company returned $169M to shareholders through dividends and share buybacks, with $171M remaining under its capital management program. Operating costs reflected higher raw material prices, but weaker producer currencies are expected to reduce costs in the second half of FY25.
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