South32 warns of labour challenges and freight bottlenecks
Workforce restrictions in Australia due to Covid-19 and logistical challenges are headwinds for the miner
24 January 2022 - 08:33
UPDATED 24 January 2022 - 12:16
Diversified miner South32 has warned Covid-19-induced congestions at the ports, and labour shortages are denting its operations, prompting a cut in full-year guidance for its Australian manganese production.
Australia is currently experiencing a surge in Covid-19 numbers, driven by the more transmissible Omicron variant, with the pandemic also prompting a worldwide container shortage and a shipping backlog in ports, notably in commodities-hungry China...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now