AngloAmerican Plc : Anglo Platinum lowers its production guidance. Target price reduced. Buy rating maintained
>Anglo Platinum announced the temporary closure of the Anglo Converter Plant (ACP) and declared force majeure - Anglo American Platinum (AP 79.9% owned by Anglo American) announced the temporary closure of the entire Anglo Converter Plant (ACP), which is part of the chain processing facilities for transforming platinoid concentrate into metal. The ACP phase A converter plant had already been damaged on 10 February (it is expected to resume operations by Q2Â 2021). Wate...Anglo American is a global mining company with a portfolio of mining operations and undeveloped resources. Co. is focused on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Co.'s segments include: De Beers, which produces rough and polished diamonds; Copper, which produces copper; Platinum, which produces PGMs; Iron Ore and Manganese, which produces iron ore, manganese ore and alloys; Coal, which produces metallurgical coal and thermal coal; and Nickel, which produces nickel.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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