South32 withdrew its FY’24e forecast for Australian manganese output of 3.4 wmnt due to tropical cyclone Megan’s impact on their GEMCO unit. Initial assessments show flooding in the mine pits, prioritising safety and halting production. The company aims to mitigate disruptions with alternative shipping and will update FY’24 guidance in their Q1 results. Additionally, the output stood at 3.5 wmnt in FY’23.
