Sasol reported a slight fall in first-half mining production but a rise in natural gas output as it backed its full-year guidance for both divisions. The South African chemicals-and-energy group said the six months ended Dec. 31 2024 were impacted by civil unrest in Mozambique, which caused a 3% sequential fall in second-quarter production.
First-half mining saleable production fell 1% to 15 million metric tons compared with the same period a year prior. Natural gas production was 2% higher than a year prior despite the unrest in Mozambique at 61.6 billion square cubic feet. In its fuels unit, production volumes from its Secunda Operations fell 5% to 3.34 million tons. Total chemicals sales volumes fell 6% to 2.98 million tons, while revenue rose 1% to $3.82 billion, due to an 8% increase in average sales basket price.
(Source Club of Mozambique)
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