News: S32 South32 Ltd Posts Qtrly Metallurgical Coal Production Of 1,380 KT

July 25 (Reuters) - South32 Ltd (S32) :

• QTRLY ALUMINIUM PRODUCTION 255 KT VERSUS 246 KT AS REPORTED YEAR AGO
• WE EXPECT TO REPORT FY22 OPERATING UNIT COSTS IN-LINE WITH OUR PREVIOUSLY UPDATED GUIDANCE
• QTRLY METALLURGICAL COAL PRODUCTION 1,380 KT VERSUS 1,340 KT AS REPORTED YEAR AGO
• QTRLY ALUMINA PRODUCTION 1,361 KT VERSUS 1,427 KT AS REPORTED YEAR AGO
• WE EXPECT TO REPORT FY22 OPERATING UNIT COSTS IN-LINE WITH OUR PREVIOUSLY UPDATED GUIDANCE AT MAJORITY OF OUR OPERATIONS
• ILLAWARRA METALLURGICAL COAL SUCCESSFULLY COMPLETED THREE LONGWALL MOVES ACROSS APPIN AND DENDROBIUM DURING YEAR
• QTRLY PAYABLE COPPER PRODUCTION 16.9 KT
• QTRLY MANGANESE ORE PRODUCTION 1,469 KWMT VERSUS 1,464 KWMT AS REPORTED YEAR AGO
• CONTINUE TO SEEK POTENTIAL DIVESTMENT OPPORTUNITIES FOR OUR INTEREST IN EAGLE DOWNS METALLURGICAL COAL DEVELOPMENT OPTION
• H2 FY22 OPERATING UNIT COSTS AT SOUTHERN AFRICAN ALUMINIUM SMELTERS ARE EXPECTED TO BE 15-20% HIGHER THAN H1 FY22
• SEES FY22 GROUP UNDERLYING DEPRECIATION AND AMORTISATION OF US$790M
• EXPECT TO REPORT FY22 GROUP UNDERLYING NET FINANCE COSTS OF ABOUT US$155M