South32 Limited (SOUHY) Q4 2026 Earnings Call Transcript

SA Transcripts 162.02K Followers Follow South32 Limited ( SOUHY ) Q4 2026 Earnings Call August 26, 2026 8:01 PM EDT Company Participants Matthew Daley - MD, CEO & Director Sandy Sibenaler - Chief Financial Officer Conference Call Participants Paul Young - Goldman Sachs Group, Inc., Research Division Rahul Anand - Morgan Stanley, Research Division Kate McCutcheon - BofA Securities, Research Division Thiago Ojea - Citigroup Inc., Research Division Glyn Lawcock - Barrenjoey Markets Pty Limited, Research Division Lyndon Fagan - JPMorgan Chase & Co, Research Division Presentation Operator Thank you for standing by, and welcome to the South32 2026 Full Year Results Investor and Analyst Conference Call. [Operator Instructions] I will now hand over to Matt Daley, CEO. Please go ahead. Matthew Daley MD, CEO & Director Thanks, [ Kaley ], and good morning, everyone. Thanks for joining us today as we discuss our financial results for FY '26, my first as South32 CEO. And of course, on the call today, we have Sandy, our Chief Financial Officer. So it's an exciting time for our business with our positive operating performance and reposition of base metals driving strong financial results, a clear pathway to substantial value-accretive growth in copper and zinc with 55% production growth expected from projects under construction or approved and a pipeline of growth and life extension options beyond this that can drive further value and returns for our shareholders. Before I run through our financial results, I do want to talk about safety. The most important measure of our success as a company is the safety of our people. And in FY '26, we did not live up to the standards we set ourselves. The death of our colleagues, Simon Mukwarani, in an incident at Worsley Alumina in March 2026, had a profound impact on everyone at South32, particularly our team at Worsley. Simon's family, friends and colleagues very much remain in our thoughts. We have taken steps to further