South32 notes record dividend as it keeps investing in ‘green commodities’
South32, a globally diversified mining and metals company with operations in Australia, Southern Africa and South America, has delivered a strong set of results for the half year ended December 31, which included a record interim dividend of $405m (8.7 US cents per share).
The company, which has a primary listing on the Australian Securities Exchange with secondary listings on the JSE and the London Stock Exchange, attributed its performance for the period to the broad recovery in global commodity prices, as well as its divestment of lower-margin businesses in energy coal and manganese alloys. It included the disposal of its loss-making SA mines, SA Energy Coal, in June 2021...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.