Anglo American accelerates delivery of strategy to unlock ...
May 14, 2024 · Anglo American plc (“Anglo American”) is today setting out a clear, compelling and decisive plan to unlock significant value from its portfolio and accelerate the delivery of consistently stronger shareholder returns.
Anglo Agrees Coal Mine Stake Sale as Restructuring Continues
2 days ago · Anglo American Plc has agreed to sell a A$1.6 billion ($1.05 billion) stake in one of its Australian coal mines, boosting the company’s efforts to execute its turnaround strategy.. Anglo ...
Anglo American plans $1.8 billion spending cuts to arrest ...
LONDON, Dec 8 (Reuters) - Global miner Anglo American (AAL.L) aims to cut capital expenditure by $1.8 billion by 2026, it said on Friday, as it grapples with a fall in demand for most of the...
Anglo American under fire over cost cuts at Yorkshire ...
May 30, 2024 · Anglo American is facing political opposition over plans to slash spending on a multibillion-pound mining project in the north of England — a crucial move by boss Duncan Wanblad to fend off a...
Exclusive: Anglo unveils hiring freeze, document shows, after ...
SYDNEY, May 16 (Reuters) - Anglo American (AAL.L) has suspended hiring globally, it said on Thursday, as it gets plans underway to simplify itself and build value - and avert a $43 billion...
Activist Elliott says its long-term view on Anglo American is ...
Oct 8, 2024 · Activist hedge fund Elliott said its long-term thesis on British mining conglomerate Anglo American was “very interesting and very much intact”, after the fund built a stake of $1bn during a ...
Anglo Agrees Coal Mine Stake Sale as ... - Bloomberg Law News
Anglo American Plc has agreed to sell a A$1.6 billion ($1.05 billion) stake in one of its Australian coal mines, boosting the company’s efforts to execute its turnaround strategy. Anglo announced a restructuring earlier this year as part of a successful rebuttal of a $49 billion approach from BHP Group , the world’s biggest miner.
Anglo American Interim Results 2024
Jul 25, 2024 · Strong operational performance delivers $5.0 billion of underlying EBITDA. Underlying EBITDA* of $5.0 billion: improved cost performance largely offset a 10% lower product basket price. Copper and Iron Ore performance and margins particularly strong, contributing $3.5 billion of EBITDA.
Anglo American boss resists asset sales despite investor pressure
Feb 5, 2024 · Anglo American’s boss Duncan Wanblad has said the British mining group will not “shrink itself to greatness” in the face of growing pressure to take radical action in reshaping its misfiring...
UK mining giant Anglo American to offload De Beers diamond ...
May 14, 2024 · UK mining giant Anglo American has announced plans to break up the business after rejecting a £34bn bid from rival BHP. The company said it will sell or demerge major parts of the firm...