Minerals Technology Micheal van Wyk March 7, 2022 0 Comments

South32’s divestment of Metalloys manganese alloy smelter falls through

(Image courtesy of South32)

Australian miner South32 Ltd said on Monday the sale of its manganese alloy smelter Metalloys in South Africa will not proceed, as it failed to satisfy certain commercial deal conditions.

The sale of Metalloys, which had ceased production in March 2020 after a review, was agreed by Samancor Manganese Proprietary Limited and Satka Investments Proprietary Limited late last year.

South32 did not disclose details on the conditions of the deal that were not satisfied, and added the site would remain under maintenance while it assess the options for the smelter.

(By Indranil Sarkar; Editing by Chris Reese)

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Micheal van Wyk

Michael van Wyk — Head Writer, MiningFocus Africa Michael van Wyk is the Head Writer for MiningFocus Africa, specializing in Africa’s mining and resources sector. With over a decade of experience, he reports on gold, copper, critical minerals, and mining digitisation, translating complex industry trends into clear, actionable insights. Michael has interviewed top executives, policymakers, and technical experts, making him a trusted voice on the continent’s mining markets and investment landscape.