Aug 27, 2026 (The Australian Financial Review - ABIX via COMTEX) --
South32 has posted a 2025-26 profit of $US1.08bn, compared with $US213m previously; the result was boosted by strong growth in the price of the miner's key commodities. CEO Matt Daley has indicated that South32 will focus on its base metal assets when the sale of its aluminium division to Alcoa is completed. Daley says South32 will be open to acquisitions, but notes that it is cheaper to build new copper mines at present rather than buy them. Daley adds that South32's revised dividend policy will be more flexible, and it will no commit to returning at least 40 per cent of its underlying earnings to shareholders..
Publication Date: 28 August 2026
SOUTH32 LIMITED - ASX S32
ALCOA CORPORATION - ASX AAI
COMTEX_491577060/2229/2026-08-27T22:53:46
By Peter Ker
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