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South32 H1 Earnings Call Highlights
Yahoo Finance· 2026-02-12 01:39
The company ended the period with net debt of $25 million . Kerr said the balance sheet strength supports both investment in growth and shareholder returns.For the half, South32 delivered underlying EBITDA of $1.1 billion and a group operating margin of 28.2% . Underlying earnings rose to $45 million , while group free cash flow improved to $57 million , after $338 million of growth capital investment at the Hermosa project.Kerr said the company is seeing improvements in key safety measures following its gl ...
MMG's Anglo American deal may divert nickel from Europe, EU warns
Reuters· 2025-11-04 17:11
Core Viewpoint - MMG's acquisition of Anglo American's Brazilian nickel business may negatively impact European stainless steel production by redirecting ferronickel supplies from Europe, according to EU antitrust regulators [1] Group 1 - MMG is a Hong Kong-listed mining and metals company [1] - The acquisition involves a Brazilian nickel business from Anglo American [1] - EU antitrust regulators have raised concerns regarding the potential impact on European stainless steel production [1]