South32 CEO/MD on FY Results

The video discusses the economic outlook, focusing on a slowdown in China and potential recessions in the US and Europe. It highlights the company's strong performance, driven by strategic adjustments towards commodities essential for decarbonisation. The company plans to allocate capital towards growth in copper and aluminium, while also addressing the Dendrobium coal project. Trade relations with China are explored, noting limited exposure but recognizing China's economic significance. The coal market's future is discussed, with a focus on metallurgical coal's role and potential innovations like green hydrogen. The video concludes with financial strategies to navigate inflation and maintain capital discipline.

What impact does the Chinese economy have on the company's commodity sales?

How does the company view the role of metallurgical coal in the future?

What are the expected coal prices by the end of 2023, and what factors contribute to this expectation?