Anglo American (GB:AAL) has released an update.
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Anglo American has reported stable production for the third quarter of 2024, driven by record performance in its Minas-Rio iron ore operation and improved nickel production. The company is advancing its portfolio simplification strategy, with the demerger of its Platinum Group Metals on track for 2025 and a competitive bidding process for its steelmaking coal assets. However, challenges persist in the diamond market, prompting reduced production due to ongoing inventory pressures.
For further insights into GB:AAL stock, check out TipRanks’ Stock Analysis page.
