Completion of South Africa Energy Coal Divestment

RNS Number : 4112A
South32 Limited
01 June 2021
 

 

 

 

 

 

 

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

Alex.Volante@south32.net

Tom Gallop

T   +61 8 9324 9030

M   +61 439 353 948

Tom.Gallop@south32.net

 

 

 

 

Media Relations

 

 

Rebecca Keenan

T   +61 8 9324 9364

M   +61 402 087 055

Rebecca.Keenan@south32.net

Jenny White

T   +44 20 7798 1773

M   +44 7900 046 758

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.

 

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