South32 extends gains after beating market estimates for quarterly output

South32

21/07/2026 01:33

** Shares of South32 S32.AX rise as much as 4.2% to A$4.25 in early trade, their highest since July 3
** Stock extends gains into a second straight session, among top gainers on broader benchmark .AXJO
** Diversified miner on Monday logged Q4 copper equivalent output of 19.9 Kt vs Visible Alpha consensus estimate of 17 Kt, according to Jefferies
** Co reported manganese production from Australia and South Africa ops of 1,310 kwmt, beating VA consensus of 1,223.8 kwmt
** Stock up 19.4% YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))