ASX STOCKS SCAN: S32 - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave 3-red may be moving higher.
Key Points: Wave 2-red may have ended as a complex corrective wave, and since 2.84 wave 3-red may be unfolding to move higher. Target a high of 3.59 or higher. While price should remain above 2.84 to keep the weight and confidence for the bullish market
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0.29 USD
259.56 M USD
5.77 B USD
897.59 M
About South32 Ltd.
Sector
Industry
CEO
Graham Kerr
Website
Headquarters
Perth
Founded
2000
ISIN
US84473L1052
FIGI
BBG008P8HYP7
South32 Ltd. operates as a metal and mining company. It operates through the following segments: Worsley Alumina, Hillside Aluminium, Mozal Aluminium, Brazil Alumina, South Africa Energy Coal, Illawarra Metallurgical Coal, Eagle Downs Metallurgical Coal, Australia Manganese, South Africa Managanese, Cerro Matoso, Cannington, and Hermosa. The Worsley Alumina segment offers bauxite mine and alumina refinery in Western Australia. The Hillside Aluminium segment offers aluminium smelters at Richards Bay, South Africa. The Mozal Aluminium segment includes aluminium smelter in Mozambique. The Brazil Alumina segment covers alumina refinery in Brazil. The South Africa Energy Coal segment comprises of open-cut and underground energy coal mines and processing operations in South Africa. The Illawarra Metallurgical Coal segment consists of underground metallurgical coal mines in New South Wales, Australia. The Eagle Downs Metallurgical Coal segment involves in the exploration and development of metallurgical coal deposit in Queensland, Australia. The Australia Manganese segment produces manganese ore in the Northern Territory and manganese alloys in Tasmania. The South Africa Manganese segment involves in the production of ore and alloy in South Africa. The Cerro Matoso segment includes laterite ferronickel mining and smelting complex in Colombia. The Cannington segment explores silver, lead, and zinc. The Hermosa segment involves in exploration and development option for zinc, lead and silver sulphide deposit in Tucson, United States. The company was founded on July 12, 2000 and is headquartered in Perth, Australia.
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ASX:S32 - 15 AUG,2025 ELLIOTT WAVE ANALYSISConclusion: Wave count is reconstructed to maximize the forecast probability. Wave 3))-purple can move up, but needs to move higher to confirm.
Key Points: Wave 2))purple ended at 2.47, and then wave 3))purple is moving higher, if this is true, this stock could be headed to 8.00 - 10.00. But price
Our opinion on the current state of SOUTH32(S32)South32 (S32) was spun out of BHP Billiton in 2015, inheriting all of BHP's South African coal assets. It has since established itself as a diversified miner of base metals and minerals, including zinc, coal, aluminium, silver, lead, nickel, and manganese. The company operates in South Africa, South
Our opinion on the current state of SOUTH32(S32)South32 (S32) was spun out of BHP Billiton in 2015, inheriting BHP's South African coal assets. Today, it is a diversified miner of base metals and minerals, including zinc, coal, aluminium, silver, lead, nickel, and manganese, with operations in South Africa, South America, and Australia. In June 2
S32 20% bounce?S32 has retraced from the top of this triangle and looking to find support on this trendline going back to 2015. S32 also has support from a previous channel and support zone at $2.90 all converging in the same area. MACD is also turning up with bullish hidden divergence on the RSI. If breaks below
Our opinion on the current state of SOUTH32(S32)South 32 (S32) was spun out of BHP Billiton in 2015 and contained all of BHP's South African coal assets. It is, in its own right, a diversified miner of base metals and minerals such as zinc, coal, aluminium, silver, lead, nickel and manganese. It operates in South Africa, South America, and Austra
Our opinion on the current state of SOUTH32(S32)South32 (S32) is a major player in the global mining sector, initially spun off from BHP Billiton in 2015 to manage BHP's South African coal assets. Today, it stands as a diversified miner involved in the extraction of base metals and minerals like zinc, coal, aluminium, silver, lead, nickel, and ma
Our opinion on the current state of S32South 32 (S32) was spun out of BHP Billiton in 2015 and contained all of BHP's South African coal assets. It is, in its own right, a diversified miner of base metals and minerals such as zinc, coal, aluminium, silver, lead, nickel and manganese. It operates in South Africa, South America and Austral
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