Anglo American (GB:AAL) has released an update.
Anglo American PLC has reported a robust second quarter performance for 2024, with record production at Minas-Rio and strong outputs at their copper operations, despite a challenging market for diamonds due to subdued Chinese demand. The company is actively managing its strategy to focus on core assets, advancing its divestment plans, and transforming operations by the end of 2025. However, an underground fire at the Grosvenor mine has led to a suspension of operations, impacting Steelmaking Coal guidance for the latter half of the year.
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