Kerr confident on South32 tailings dams

FUELLED by higher commodity prices and lower unit costs, South32 reported a US$635 million first-half result this morning but, despite the 17% rise in profit, CEO Graham Kerr spent almost as much time discussing the company’s tailings dams as its capital return strategy.

Kerr confident on South32 tailings dams Kerr confident on South32 tailings dams Kerr confident on South32 tailings dams Kerr confident on South32 tailings dams Kerr confident on South32 tailings dams

South32 is keen on base metals exploration.

Speaking on a conference call this morning, Kerr described Vale's latest mass fatality event in Brazil, its second major environmental catastrophe in three years, as an "industry changing event" that