Samancor Manganese Joint Venture Announces Extended Closure Of Its South African Mines South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ISIN: AU000000S320 south32.net SAMANCOR MANGANESE JOINT VENTURE ANNOUNCES EXTENDED CLOSURE OF ITS SOUTH AFRICAN MINES South32 Limited (ASX, LSE, JSE: S32) (“South32”), as 60% owner and manager of the Samancor Manganese Joint Venture, advises that the joint venture’s South African mines will remain closed until the completion of the ongoing strategic review. Production was suspended following a fatality at the Mamatwan mine on 2 November 2015. As a major employer in the region, the planned reconfiguration of the Samancor Manganese mines in the Kalahari basin is required to secure their longer term viability in an increasingly competitive market. The current stakeholder consultation process is continuing and mining activity is likely to recommence in January 2016. While production will be significantly impacted in the 2016 financial year, rail and customer commitments will be met by drawing down inventory during this period. A further update for the joint venture’s South African manganese mines and Metalloys smelter will be provided upon completion of the strategic review. Samancor Manganese is the world’s largest producer of manganese with operations in South Africa and Australia. Its Australian operations include GEMCO, an open-cut manganese mine in the Northern Territory, ranked as the largest and one of the world’s lowest cost manganese ore producers, and TEMCO, a manganese alloy plant in Tasmania. The joint venture’s African operations include the Hotazel Manganese Mines located in the Kalahari Basin in South Africa’s Northern Cape Province, a region that holds 80 per cent of the world’s manganese resource endowment. Its African operations also include Metalloys, a smelter that is integrated with the Hotazel Manganese Mines, creating an alternative logistical route for manganese into the export markets. Registered Office: Level 35, 108 St Georges Terrace, Perth Western Australia 6000, Australia ABN 84 093 732 597 Registered in Australia INVESTOR RELATIONS Leng Lau Susie Bath Paul Formosa T +61 8 9324 9008 T +61 8 9324 9647 T +61 8 9324 9376 M +61 (0) 408 202 698 M +61 (0) 418 933 792 M +61 (0) 431 152 742 E Leng.Lau@south32.net E Susie.Bath@south32.net E Paul.Formosa@south32.net MEDIA RELATIONS Jill Thomas T +61 8 9324 9191 M +61 (0) 423 259 190 E Jill.Thomas@south32.net Further information on South32 can be found at www.south32.net. 18 November 2015 JSE Sponsor: UBS South Africa (Pty) Ltd 2 Date: 18/11/2015 09:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.