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South32 invests US$ 197 million in Hermosa project in September quarter

South32 invests US$ 197 million in Hermosa project in September quarter

BitgetBitget2026/10/19 05:27
  • South32 invested US$197 million at Hermosa in the September 2026 quarter, advancing construction of the Taylor zinc-lead-silver project.
  • Hermosa completed federal permitting under FAST-41 on September 2, 2026.
  • Both Taylor shafts are expected to reach the primary production level in the December 2026 quarter.
  • Sierra Gorda began executing its fourth grinding line project, which is expected to increase processing capacity by approximately 25%.
  • First production from the expansion is expected in mid-fiscal 2030, with full production rates in fiscal 2031.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South32 Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S605139), on October 19, 2026, and is solely responsible for the information contained therein.

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