Diversified natural deposits team South32 has actually cautioned that it will certainly need to place its Mozal aluminium smelter on treatment and upkeep in very early 2026, as it has a hard time to protect enough and budget-friendly electrical energy to run the smelter. The Australia-, Johannesburg- and London-listed team has actually remained in settlements with the federal government of Mozambique, hydropower manufacturer Hidroeléctrica de Cahora Bassa (HCB) and South Africa’s power energy Eskom to protect the essential electrical energy supply to allow Mozal to run past March 2026, when the existing arrangement ends.
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