CAPITAL MARKETS

South32 betting on big battery metals, but underestimated lithium

MULTI-metal producer South32 maintained its revenue numbers and grew production over the December half, and despite a sharp drop in profit, is on a strong growth trajectory, CEO Graham Kerr told analysts today.

South32 CEO Graham Kerr

South32 CEO Graham Kerr

Kerr said South32 had made significant investments in future-facing metals over past two years, but he admitted the miner had missed the lithium boat.   South32 is heavily invested in aluminium and...

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