Mozambique: Mozal left out as South32 approves US$5.6bn sale of its global aluminium assets
Shareholders of Australia’s South32 have approved the sale of the company’s aluminium value chain assets to US-based Alcoa Corporation for up to US$5.6 billion (€4.8 billion), excluding Mozambique’s Mozal smelter, which has been under care and maintenance since March. According to the company’s latest quarterly report, released on Monday and accessed by Lusa today, shareholders… Source
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Shareholders of Australia’s South32 have approved the sale of the company’s aluminium value chain assets to US-based Alcoa Corporation for up to US$5.6 billion (€4.8 billion), excluding Mozambique’s Mozal smelter, which has been under care and maintenance since March. According to the company’s latest quarterly report, released on Monday and accessed by Lusa today, shareholders…
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About this article
- Length
- 56 words · 1 min read
- Published
- October 23, 2026
- Byline
- COM
- Source
- Club of Mozambique