BARRY FITZGERALD

SA coal exit and Hermosa to prop South32

IT has been tough going in the last couple of months for companies that don’t have iron ore production in their portfolios, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
 South Africa Energy Coal

South Africa Energy Coal

South32 is the prime example, shedding A$3 billion of its market value since early April. The fall in value to $16.2 billion is primarily due to the retreat in alumina prices from last year's unsustainable...

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