Mozambique government fights to keep South32 aluminium smelter operational
Minister Estevao Pale says the government is doing everything possible to keep the Mozal plant open. South32 previously planned a March shutdown over power.
Insights:
South32 Limited , the Australia 
AU-listed mining company, announced on Monday that it will place the Mozal aluminium smelter in Mozambique 
MZ under care and maintenance by March. The decision follows the company's failure to secure a power agreement for the energy-intensive facility after protracted negotiations. This move is expected to result in a material one-off cost of $60 million for the firm.
AU-listed mining company, announced on Monday that it will place the Mozal aluminium smelter in Mozambique MZ under care and maintenance by March. The decision follows the company's failure to secure a power agreement for the energy-intensive facility after protracted negotiations. This move is expected to result in a material one-off cost of $60 million for the firm.
