South32 reports strong end to FY2019

Diversified miner South32 has reported a strong finish to the 2019 financial year, with revenue equivalent production growing by 10% in the June quarter and by 3% in the full year, while record production was achieved at the Hillside aluminium operation, and metallurgical coal production from the Illawarra operation increased by 57%.

South32 CEO Graham Kerr on Thursday reported that alumina production for the full year had reached 5.05-million tonnes in the full year, down slightly from the 5.06-million tonnes reported at the end of the 2018 financial year.