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South32 braces for lower commodity prices – Australian Mining

South32 is prepared for an extended wave of market volatility and lower commodity prices following a financial year of strong performance.

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Illawarra Metallurgical Coal. Image: South32
South32 is prepared for an extended wave of market volatility and lower commodity prices following a financial year of strong performance.
The company resisted major impacts from the ongoing COVID-19 pandemic, and introduced cost savings across its operations.
It also registered record annual production results at three of its mines, including the Australia Manganese operations of which it holds a 60 per cent interest.
“…We delivered a strong oper…

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