South32’s Post

The divestment of IMC will be an unforgettable transaction for us at Tundra Resource Analytics. A significant transaction in size and impact and one where we were able to demonstrate the value, skill and agility of our team of resources. Where we showed the depth of expertise, rapid deployability, flexibility and collegiality of our team members. Where we made lots of friends at South32 Deloitte PwC GM³ and on site at Illawarra. And for me personally it will always be the transaction I was working on when my brother died. When I received the 'get.on.the.first.flight.home' call and walked away from one of the biggest projects of my career to date without a second thought. When I had the unequivocal support from our client to do so (cc Nick Trask). When the team at TUNDRA all chipped in to pick up my workload (particular shout out to Scott Jeffery who assumed a lot of my work responsibilities and all of my home responsibilities). Where some genuine professional highs were mixed with the worst personal lows I've ever experienced and then mixed again with the stunning beauty of all the love and support I've received since. I bring this up in light of #RUOKday. It's one thing to pay lip service to a (important) social media trend (R U OK?). But it's another to allow people to be NOT OK, to find out what support they need and to rally around them to provide that. Even when it inconveniences you. And then to welcome them back with trust and confidence. Which is what I've experienced and is the reason this transaction will always carry emotional weight for me in the worst AND the best of ways.

Policy Initiatives & Mines-on-Offer •Auction Process, •Key Terms & Conditions, •Payments & Guarantees auction of coal mines for sale of coal under 20th Tranche of CMSP Act & 10th Tranche of MMDR Act.

The Tiwai Point Aluminium Smelter has Reached a Long-term Power Supply Deal which will Keep it Open for Another 20 Years After years of anticipation, the agreement is a sigh of relief for many, marking the end of uncertainty surrounding the smelter's viability. This happens while the world's aluminium prices soar to a two-year high. Meridian Energy's CEO, Neal Barclay, hailed the deal as an "excellent result" following extensive negotiations. He emphasized its significance for New Zealand's sustainable future, highlighting the potential to leverage the country's renewable energy advantage to create low carbon products, high-value jobs, and bolster export revenues. The agreement not only secures a sustainable future for NZAS but also demonstrates a collaborative effort to address industry challenges. NZAS's commitment to adopting a more flexible approach towards operations reflects a shared commitment to sustainability and economic resilience. Under the new contract, provisions are in place for the smelter to adjust power usage during peak demand, effectively serving as the country's largest storage battery. This initiative aligns with broader efforts to reduce carbon emissions and enhance energy efficiency across New Zealand. The deal's significance extends beyond economic stability, with Southland Mayor Rob Scott emphasizing its positive impact on regional employment and stability. With over 2500 jobs at stake, the agreement offers much-needed reassurance to the local community. NZAS CEO, Chris Blenkiron, expressed optimism about the smelter's role in New Zealand's energy sector, highlighting its potential to contribute to carbon reduction efforts. By offering a substantial portion of its supply during peak demand periods, the smelter aims to support a cleaner energy transition, reducing the country's reliance on coal-generated power. The collaborative spirit behind this agreement is evident, with Rio Tinto Aluminium CEO Jérôme Pécresse emphasizing the collective effort of all parties involved. The deal not only secures the future of NZAS but also underscores New Zealand's commitment to sustainable industry practices. As world aluminium prices soar to a two-year high, this agreement positions NZAS for continued success in producing high-purity, low-carbon aluminium essential for the global energy transition. https://lnkd.in/gQuuT-5a #aluminium #power

Long term (20y) and competitive price are the two main factors that make it possible for a smelter to be successful…

Join CRU & LSEG as they explore the aluminium market's future, from near-term pricing and sanctions' impacts to bauxite flows and long-term forecasts. Don't miss out on crucial insights for understanding aluminium's evolving landscape. Register today: https://lnkd.in/eDwbwJ-V

Join CRU & LSEG as they explore the aluminium market's future, from near-term pricing and sanctions' impacts to bauxite flows and long-term forecasts. Don't miss out on crucial insights for understanding aluminium's evolving landscape. Register today: https://lnkd.in/gVC-JRWa

Join CRU & LSEG as they explore the aluminium market's future, from near-term pricing and sanctions' impacts to bauxite flows and long-term forecasts. Don't miss out on crucial insights for understanding aluminium's evolving landscape. Register today: https://lnkd.in/g5G9h67t

Join CRU & LSEG as they explore the aluminium market's future, from near-term pricing and sanctions' impacts to bauxite flows and long-term forecasts. Don't miss out on crucial insights for understanding aluminium's evolving landscape. Register today: https://lnkd.in/gcZtxbsb

Join CRU & LSEG as they explore the aluminium market's future, from near-term pricing and sanctions' impacts to bauxite flows and long-term forecasts. Don't miss out on crucial insights for understanding aluminium's evolving landscape. Register today: https://lnkd.in/gsiy8qJg

Join CRU & LSEG as they explore the aluminium market's future, from near-term pricing and sanctions' impacts to bauxite flows and long-term forecasts. Don't miss out on crucial insights for understanding aluminium's evolving landscape. Register today: https://lnkd.in/e2pe-j5u