S32 News: South32 (ASX:S32) Secures USD 166M DOE Grant for Hermosa Project, Announces USD 200M Share Buyback - 24th Sep 2024, 9:50pm

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South32(ASX:S32) is navigating a period of significant transformation, marked by strategic divestments and a focus on commodities essential for a low-carbon future. Recent developments include a 31.2% increase in dividend payouts and the sale of Illawarra Metallurgical Coal for up to USD 1.65 billion, set against operational disruptions and safety challenges. In the discussion that follows, we will explore South32's financial health, operational inefficiencies, strategic growth initiatives, and ...

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