South32 has announced that operations at Mozal Aluminium, one of Mozambique’s largest industrial facilities, will be suspended from around 15 March 2026, after the company failed to secure a new electricity supply agreement beyond the expiry of the current contract. In a statement released on Tuesday, the mining and metals group said Mozal would be… Continue reading Mozal Suspends Operations From March
Tag: South32
South32 to Halt Mozal Aluminium Operations in 2026 Over Power Supply Uncertainty
Australian mining group South32, owner of Mozambique’s largest industrial operation, Mozal, will cease production in March 2026 when its current electricity supply contract ends, citing a lack of guarantees for continued power. The company said, in a statement to the market, talks with the Mozambican government, Hidroeléctrica de Cahora Bassa (HCB) and South Africa’s Eskom… Continue reading South32 to Halt Mozal Aluminium Operations in 2026 Over Power Supply Uncertainty