JOHANNESBURG (miningweekly.com) – Being a premier base metals-focused business with strong growth potential is the vision for South32 of new CEO Matt Daley.
“We've got around 55% production growth over the next handful of years in the commodities that we particularly feel are strongly structurally positioned for really strong years ahead, those being zinc, lead, silver, and copper,” said an upbeat Daley who spoke to Mining Weekly after taking over the reins of South32 from outgoing Graham Kerr on July 1.
Daley had a hyperactive first day in office amid the company’s major aluminium asset disposal announcement as well as a copper growth announcement.
“Exciting time today and pretty honoured to step into the role of CEO,” Daley commented amid Alcoa agreeing to buy South32’s aluminium value chain assets for up to $5.6-billion and South32 highlighting its participation in the Sierra Gorda copper growth project in northern Chile.
“The strategy for us is really clear, and we've been articulating it today around running what is going to be a premier base metals-focused business with really strong growth potential,” Daley reiterated.
