Will South32 (ASX:S32) Thrive as a Pure Base Metals Miner?
Highlights South32 shareholders overwhelmingly approved the sale of its aluminium value chain assets to Alcoa. The multibillion-dollar deal will reshape South32 into an upstream base metals company. The shares fell sharply on Thursday as miners sold off, before recovering with the sector on Friday. South32 (ASX:S32), the diversified miner spun out of BHP more than a decade ago, has cleared a major hurdle in its plan to reinvent itself. Shareholders overwhelmingly backed the sale of its alumin...



