CAPITAL MARKETS

South32 flags impairments

SOUTH32 says it expects to book pre-tax, non-cash impairment charges of about US$109 million in its full-year financial results due out next month.

South32's Metalloys manganese smelter in South Africa

South32's Metalloys manganese smelter in South Africa

The charges relate to the Metalloys and TEMCO smelters and follow a review of the facilities' future economic viability. The company also expects to record one-off, pre-tax restructuring costs, including...

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