Latest News About Anglo American portfolio shifts

Updated 2026-06-17 23:48

Anglo American plc reported in Q1 2026 production updates and portfolio moves, including resumed Moranbah North operations, a sale process for Steelmaking Coal advancing toward a second-quarter 2026 agreement, and ongoing De Beers and Nickel divestments; guidance referenced higher output for refined PGMs and nickel, with risks from macro volatility, cost inflation, and regulatory antitrust approvals. Anglo American noted increased output for refined PGMs and nickel, while the macro environment poses risks to production and costs inflationary pressure. Resumed Moranbah North supporting production growth. the asset sale for Steelmaking Coal moves toward a Q2 2026 agreement. the De Beers arm and Nickel divestments continue. Guidance continues to indicate positive demand for PGMs and nickel, though subject to macro volatility risks and required regulatory approvals.

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