Original article by Amanda Saunders
The Australian Financial Review – Page: 13 & 18 : 1-Mar-16

A growing number of large Australian mining companies are looking to capitalise on the downturn in commodity prices to pursue acquisitions. South32 CEO Graham Kerr says many companies are likely to be reluctant to offload distressed assets, adding that the real impact of lower commodity prices is unlikely to be felt for another six months. Kerr acknowledges that South32’s healthy balance sheet means it is better-placed that many rivals to seek acquisitions, but he stresses that the group will not rush into any deals.

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