Due to the widespread protests in the area, Australian-based mining and metals company South32 has announced an important decision. The company has decided to withdraw its production guidance from its aluminium smelter in Mozambique, given the continuing escalation of civil unrest in Mozambique, Africa. Behind this decision is the direct impact of the deteriorating situation in Mozambique on the normal operation of the company. In particular, the problem of raw material transportation obstruction is becoming increasingly prominent.
Its employees are currently safe, and there are no safety accidents at the factory. This is due to South32′s emphasis on employee safety and the perfect safety management mechanism.
CEO Graham Kerr said the situation is manageable but requires monitoring, South32 contingency plan was implemented to address the interruption issue, but no further details were provided.
Mozart is Mozambique’s main contributor to exports, with $1.1 billion in 2023.
Post time: Dec-23-2024