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South32 Completes Cerro Matoso Divestment

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South32 Completes Cerro Matoso Divestment

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South32 ( (AU:S32) ) just unveiled an update.

South32 Limited has successfully completed the divestment of its Cerro Matoso operation to a subsidiary of CoreX Holding B.V. This strategic move is part of South32’s ongoing efforts to optimize its portfolio and focus on its core operations, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:S32) stock is a Buy with a A$3.45 price target. To see the full list of analyst forecasts on South32 stock, see the AU:S32 Stock Forecast page.

More about South32

South32 Limited is a company focused on developing natural resources to improve lives and support the global energy transition. It operates in the Americas, Australia, and Southern Africa, producing critical minerals and metals, and is committed to responsible development and building positive community relationships.

YTD Price Performance: -2.34%

Average Trading Volume: 20,080,677

Technical Sentiment Signal: Buy

Current Market Cap: A$14.43B

See more data about S32 stock on TipRanks’ Stock Analysis page.

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