Production Momentum with Uneven Output
In its latest quarterly report released on October 20, 2025, South32 announced a sharp rise in overall manganese production, driven by strong performance at its Australian operations. However, output from South Africa Manganese dropped by 7%, as underground infrastructure work temporarily restricted access to key ore zones. The contrasting results reflect South32’s global balancing act between mature, high-efficiency assets and those undergoing maintenance or modernization across southern Africa.
Operational Adjustments and Regional Pressures
The company reported that ongoing power supply constraints and logistical bottlenecks continued to affect its South African operations, including at the Mozal Aluminium smelter in Mozambique. Negotiations with regional power utilities remain underway to secure more stable electricity agreements, as the company seeks to shield production from energy disruptions. Despite these challenges, South32 reaffirmed its commitment to long-term investment in African assets, emphasizing workforce safety and operational continuity.
Market Outlook and Strategic Implications
Globally, manganese prices remain volatile amid uncertain steel demand and energy-transition dynamics. South32’s diversified portfolio—spanning manganese, aluminium, copper, and zinc—allowed it to maintain steady earnings and a resilient cash position. Analysts suggest that resolving Mozambique’s power talks and stabilizing South African output will be pivotal for sustaining regional competitiveness. The results underscore the broader theme shaping Africa’s mining sector: balancing growth ambitions with infrastructure realities.