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South32’s 2016 guidance on track following strong Q3

Diversified miner South32 said on Thursday that the company was on track to achieve its 2016 production guidance for all its operations, following a strong third quarter ended March.

The BHP Billiton spin-off produced 1.3-million tonnes of alumina during the three months under review, which was up 2% quarter-on-quarter, as well as 240 000 t of aluminium, which was on par with the previous quarter