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14 May
11:54

Anglo American prioritises premium iron ore business

Anglo American will be focused on producing 100% premium iron ore in Brazil and South Africa, according to the company’s new business plan. Both units, which contributed significantly to group revenues with Ebitda of $4 billion in 2023, are seen as strongly supporting Anglo's shareholder returns and growth ambitions. “We expect that a radically simpler portfolio will deliver sustainable incremental value creation through a step change in operationa…
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