23
Feb
11:25
Brazil’s Anglo American 2022 profit falls
UK-headquartered miner Anglo American saw its earnings fall in Brazil on-year in 2022, mainly reflecting lower iron ore production and sales volumes, Kallanish learns from the miner’s latest financial report.
The group posted an adjusted Ebitda of $1.24 billion last year, which was 51% less compared to $2.56 billion in 2021.
“This decrease reflects the lower iron ore average realised price of $108/tonne of iron ore compared to $150/t in 2021, while s…
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Anonymous
Very good overview of the weekly steel market.
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