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Worsley Mine Development Project Receives State Approval
South32 Limited
(Incorporated in Australia under the Corporations Act 2001 (Cth))
(ACN 093 732 597)
ASX / LSE / JSE Share Code: S32; ADR: SOUHY
ISIN: AU000000S320
south32.net
20 December 2024
WORSLEY MINE DEVELOPMENT PROJECT RECEIVES STATE APPROVAL
South32 Limited (ASX / LSE / JSE: S32; ADR: SOUHY) (South32) advises that the Western Australian Minister for Environment has
approved the Worsley Mine Development Project (the Project) 1.
A copy of the Ministerial Statement is available at: https://www.epa.wa.gov.au/all-ministerial-statements.
We welcome this approval after an extensive environmental assessment, consultation and review process, which commenced in
2019.
The Project will enable access to bauxite to sustain production at Worsley Alumina, maintain its competitive position in the global
alumina sector, and continue its significant contribution to the South West. Worsley Alumina is one of the largest employers in the
region, supporting jobs for thousands of workers and contractors.
The supply of alumina from Worsley Alumina is a vital component in the production of aluminium, a commodity critical for the global
energy transition. Worsley Alumina recently achieved certifications against the Aluminium Stewardship Initiative, which reinforces
that the alumina produced at Worsley Alumina meets relevant global standards of responsible production.
The conditions of the approval reflect in all material respects the Minister's determination on the appeal outcome for the Project as
outlined in our announcement released on 13 December 20242.
Overall, the conditions are a positive outcome for Worsley Alumina and represent an improved position compared to the Western
Australian Environmental Protection Authority's assessment report published in July 2024.
Receipt of this State approval triggers the Federal approval process. We expect to receive Federal approval for the Project in early
calendar year 2025.
About us
Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come. We
are trusted by our owners and partners to realise the potential of their resources. We produce minerals and metals critical to the
world's energy transition from operations across the Americas, Australia and Southern Africa and we are discovering and responsibly
developing our next generation of mines. We aspire to leave a positive legacy and build meaningful relationships with our partners
and communities to create brighter futures together.
Investor Relations Media Relations
1 Refer to market release "Worsley Alumina Approvals Update" dated 22 July 2024.
2 Refer to market release "Worsley Alumina Approvals Update" dated 13 December 2024.
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Approved for release to the market by Graham Kerr, Chief Executive Officer
JSE Sponsor: The Standard Bank of South Africa Limited
20 December 2024
Date: 20-12-2024 08:35:00
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