Moody's has announced that it has placed SOUTH32 LTD's rating under review for possible downgrade after SOUTH32 LTD disclosed the sale of its aluminum value chain assets to Alcoa.

This move indicates that the asset divestiture transaction may negatively impact SOUTH32 LTD's credit profile, prompting the rating agency to reassess its credit risk. Moody's review will focus on changes to the company's business structure, financial position, and future cash flow stability after the transaction is completed. The market is closely watching the outcome of this rating review, as it may affect the company's financing costs and investor confidence.