South32 Ltd

S32: XASX (AUS)

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South32: Sells Most of Its Aluminum Business to Alcoa, With Mozal Also Likely to Be Sold

Jon Mills

Jul 2, 2026

South32 sold its bauxite, alumina, and aluminum assets (except Mozal Aluminium) to Alcoa for up to USD 5.6 billion, including debt assumed and contingent consideration. Alcoa is entitled to the assets' cash flow from April 1, 2026, with the deal set to close in the second half of fiscal 2027.

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South32 Ltd

South32: Sells Most of Its Aluminum Business to Alcoa, With Mozal Also Likely to Be Sold

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