South32 share price jumps 5% after manganese rebound — what investors watch next
South32 shares jumped 5.26% to A$4.40 after reporting a 16.7% rise in quarterly manganese output, matching analyst forecasts. The stock touched its highest level since April 2023. The miner reaffirmed full-year production guidance but flagged a review of its Brazil Aluminium outlook after weak volumes. Mozal smelter in Mozambique will enter care and maintenance in March 2026 due to power supply issues.