1 June 2021
| South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ADR: SOUHY ISIN: AU000000S320 south32.net |
COMPLETION OF SOUTH AFRICA ENERGY COAL DIVESTMENT
South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) is pleased to announce that divestment of its 100% shareholding in South32 SA Coal Holdings Proprietary Limited (South Africa Energy Coal) to Seriti Resources Holdings Proprietary Limited (Seriti) and two trusts for the benefit of employees and communities[1] was successfully completed on 1 June 2021.
About South32
South32 is a globally diversified mining and metals company. Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resources. We produce bauxite, alumina, aluminium, metallurgical coal, manganese, nickel, silver, lead and zinc at our operations in Australia, Southern Africa and South America. With a focus on growing our base metals exposure, we also have two development options in North America and several partnerships with junior explorers around the world.
| Further Information |
|
|
|
|
|
|
| Investor Relations |
|
|
| Alex Volante T +61 8 9324 9029 M +61 403 328 408 E Alex.Volante@south32.net | Tom Gallop T +61 8 9324 9030 M +61 439 353 948 E Tom.Gallop@south32.net |
|
|
|
|
|
| Media Relations |
|
|
| Rebecca Keenan T +61 8 9324 9364 M +61 402 087 055 E Rebecca.Keenan@south32.net | Jenny White T +44 20 7798 1773 M +44 7900 046 758 E Jenny.White@south32.net |
|
Further information on South32 can be found at www.south32.net.
Approved for release by Nicole Duncan, Company Secretary
JSE Sponsor: UBS South Africa (Pty) Ltd
1 June 2021
[1] Refer to the market announcement "Agreement to divest South Africa Energy Coal" dated 6 November 2019. Purchaser includes Thabong Coal Proprietary Limited, a wholly-owned subsidiary of Seriti and two trusts for the benefit of employees and communities.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
