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    S32   AU000000S320

SOUTH32 LIMITED

(S32)
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Delayed Australian Stock Exchange  -  12:10:36 2023-01-31 am EST
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South32 : Metalloys hands over new sustainable facility for local children

11/02/2022 | 06:25pm EST

MEDIA RELEASE

28 October 2022

SOUTH32 METALLOYS HANDS OVER NEW SUSTAINABLE FACILITY FOR LOCAL CHILDREN

South32 Metalloys today handed over a newly built sustainable facility to the Kotulong Community Centre (KCC), a Non-Government Organisation that takes care of vulnerable children in Meyerton, Gauteng. The R45-million facility, set to benefit the community of De-Deur and surrounding communities south of Johannesburg, forms part of Metalloys' legacy and aligns with our purpose to make a difference by improving people's lives now and for generations to come.

The centre is 80 per cent powered by solar energy and equipped with green technology, including floor insulation and double-glazed windows, as well as a Calcamite sewage system designed to kill bacteria. It also includes a borehole capable of providing 7,200 litres of water per hour, which goes through a high-standard chlorination system to ensure a continuous provision of affordable and clean water. It contains seven four-bedroom units, a kitchen, a laundry, an administration block, a library and a social worker unit.

South32 Chief Operating Officer Noel Pillay said: "Sustainability is at the heart of our purpose and underpins the delivery of our strategy. We are committed to working with our stakeholders to create value and opportunities for them in areas surrounding our operations. We apply the same approach to our community development projects and believe that this new centre will provide the children with a more suitable environment and a safe place to call home. This will go a long way in improving their mental and physical wellbeing."

The centre has historically been located within the premises of our Metalloys operation since 2004. The decision to invest in the construction of a new facility away from the operation follows extensive consultation and engagement with the Department of Social Development as well as the KCC management and board.

The facility was constructed by a local company and 50 temporary jobs were created for local residents. South32 continues to work together with our stakeholders and host communities to set clear sustainable actions and goals that will contribute to a better shared future for all, leaving a lasting and positive legacy in our host communities.

ENDS

About us

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 commodities including bauxite, alumina, aluminium, copper, silver, lead, zinc, nickel, metallurgical coal and manganese from 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.

Media Relations

Jamie Macdonald

Miles Godfrey

M

+61 408 925 140

M

+61 415 325 906

E

Jamie.Macdonald@south32.net

E

Miles.Godfrey@south32.net

Hulisani Rasivhaga (South Africa)

  1. +27 833 702 327
  1. hulisani.rasivhaga1@south32.net

Registered Office Level 35 108 St Georges Terrace Perth WA 6000 Australia

ABN 84 093 732 597 Registered in Australia

Disclaimer

South32 Ltd. published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 23:24:01 UTC.


ę Publicnow 2022
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Financials (USD)
Sales 2023 9 048 M - -
Net income 2023 1 741 M - -
Net cash 2023 487 M - -
P/E ratio 2023 9,05x
Yield 2023 4,28%
Capitalization 15 068 M 15 068 M -
EV / Sales 2023 1,61x
EV / Sales 2024 1,53x
Nbr of Employees 9 096
Free-Float 98,1%
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Last Close Price 3,30 $
Average target price 3,49 $
Spread / Average Target 5,70%
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Managers and Directors
Graham Kerr Chief Executive Officer, Executive Director & MD
Katie Tovich Chief Financial Officer
Karen J. Wood Chairman
Vanessa Torres Chief Technical Officer
Jason Economidis Co-Chief Operating Officer
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