Anglo American (GB:AAL) has released an update.
Anglo American’s 2024 AGM underscored a challenging 2023 with geopolitical and economic uncertainties impacting its PGMs and diamond businesses, resulting in a negative shareholder return. Despite these challenges, the company achieved operational improvements, progressed on growth options focusing on copper, and highlighted their commitment to safety and sustainability, including significant investments in renewable energy. The Board also rejected a takeover proposal from BHP, affirming confidence in the company’s strategic plan and future growth potential.
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