News: S32 South32 Announces Sale Of Illawarra Metallurgical Coal For Up To $1.65 Bln

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    Feb 29 (Reuters) - South32 Ltd (S32) :

    • ASX ALERT-SALE OF ILLAWARRA METALLURGICAL COAL-S32.AX
    • SALE OF ILLAWARRA METALLURGICAL COAL
    • CONSIDERATION FOR TRANSACTION IS UP TO US$1,650M
    • TRANSACTION IS EXPECTED TO COMPLETE IN H1 FY25
    • SALE OF ILLAWARRA METALLURGICAL COAL EXPECTED TO COMPLETE IN H1 FY25
    • ENTERED INTO A BINDING AGREEMENT TO SELL ILLAWARRA METALLURGICAL COAL TO AN ENTITY OWNED BY GOLDEN ENERGY AND RESOURCES
    • DO NOT EXPECT A CASH TAX LIABILITY UPON COMPLETION OF TRANSACTION
    • AFTER TRANSACTION, GROUP'S FY24 FINANCIAL STATEMENTS WILL INCLUDE NON-CASH IMPAIRMENT REVERSAL OF UP TO $520M
 
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(20min delay)
Last
$2.59
Change
0.050(1.97%)
Mkt cap ! $11.66B
Open High Low Value Volume
$2.59 $2.63 $2.56 $50.64M 19.48M

Buyers (Bids)

No. Vol. Price($)
10 122685 $2.59
 

Sellers (Offers)

Price($) Vol. No.
$2.60 5726 4
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Last trade - 16.16pm 12/09/2025 (20 minute delay) ?
S32 (ASX) Chart
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