South32 returns to profits in 2017
By Davide Ghilotti
Published: Tuesday, 29 August 2017
Alumina production at the Worsley facility in Australia is expected to reach record output in the coming financial year.
ASX-listed miner and metals producer South32
Ltd reported a 20% increase in revenue in the financial
year ended 30 June 2017, on the back of recovering prices and
market conditions.
The company turned a $1.23bn net profit in FY2017 after a
sharp loss in 2016.
Graham Kerr, CEO...