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South32 net cash approaches $2B

STRONG manganese demand has led South32 to increase production and guidance, with higher commodity prices boosting its net cash position.

 South32's Mozal Aluminium

South32's Mozal Aluminium

While manganese ore production for the March quarter dropped by 10% over the December period, output for the first nine months of the financial year rose by 13% to 4.2 million tonnes. The company increased...

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