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SOUTH32’s divestment of its South Africa Energy Coal division is now unconditional and expected to be complete by June 1.
South32's South Africa Energy Coal business
South32 will transfer the shares in its subsidiary to majority black-owned Seriti Resources Holdings and two trusts for the benefit of employees and communities.
Seriti to make upfront and deferred payments
South32 maintains discipline on costs
Coal impairments drive South32 loss
Two workers killed at South32's Mozal
West Africa an improved opportunity
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