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South32 Surges to US$360M Profit, Accelerates Hermosa Project Growth

8:37am on Thursday 13th of February, 2025 AEDT Mining
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South32 Surges to US$360M Profit, Accelerates Hermosa Project Growth

8:37am on Thursday 13th of February, 2025 AEDT
Key Points
  • Net profit after tax rises to US$360M in H1 FY25
  • Underlying EBITDA reaches US$1.02 billion, with 28% operating margin
  • US$248M invested in Hermosa project growth capital expenditure
  • US$169M returned to shareholders via dividends and share buy-back
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