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23 Apr
01:00

Anglo-American retains 2015 iron ore output guidance on good Q1 performance

Anglo-American has kept unchanged its full-year 2015 production guidance for both its Kumba, South Africa, and Minas-Rio, Brazil, iron ore projects. This comes after the company’s total iron ore output rose to 13.4 million tonnes in the first quarter from 11.3mt in the year-earlier quarter. Anglo-American is targeting iron ore production of 47-48mt and 11-14mt (wet basis) from Kumba and Minas-Rio respectively in 2015, according to the company’s Q…
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