24
Jul
01:00
Anglo American cuts costs at Kumba, motors on at Minas-Rio
Multi-national and multi-product miner Anglo American says that its iron ore operation in South Africa is being re-configured to operate in a “… $45/tonne [… price] environment”. Meanwhile it is pushing on hard with its iron ore development project in Brazil.
The company confirms this in its 6 months 2015 interim results statement monitored by Kallanish. Kumba Iron Ore produced 22.6 million tonnes in the first half of the year but A…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous