Absodoodle!
BHP has no use for 40% of S32's Manganese business if it wins AAL. It would appreciate a quick clean exit for cash, given the complexity it faces in divesting other unwanted bits of AAL. GK & team will happily oblige.
We dont know price, suppressed by cyclone damage to Groote Eylandt.
S32 emerges a stronger business.
GK would likely put his hand up for AAL's Ni mines too. He has plenty money on hand from selling Illawarra and banks would happily lend more.
Ash
News: S32 UPDATE 1-South32 CEO Kerr says open to buying joint Anglo American manganese assets, page-2
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Last
$3.05 |
Change
-0.070(2.24%) |
Mkt cap ! $13.73B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $3.02 | $47.01M | 15.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42835 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 52788 | 7 |
View Market Depth
| Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
| S32 (ASX) Chart |