South32 Halts Forecast for Mozal Aluminium Amid Mozambique Unrest

11 December, 2024

Australian firm South32 has withdrawn its production forecast for the Mozal Aluminium smelter in Mozambique, citing escalating violence following disputed October election results according to CNBCAfrica. The unrest has led to road blockages, disrupting the delivery of raw materials to the plant, where South32 holds a 63.7% stake. Protests by opposition supporters have fueled the instability.

Written by: Leonard Witbeen

aluminium smelter CNBCAfrica disputed election election unrest instability Mozal Aluminium Mozambique Mozambique economy opposition protests production forecast raw materials disruption road blockages South32 South32 stake Violence