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...

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