AngloAmerican Plc : Another quality quarter, disposal agenda on track
>Solid production in most businesses, but De Beers casts a shadow - Following on from a good first half, Anglo has reported strong Q3 production, enabling it in our view to target the middle or upper end of its production objectives in most of its activities.The performance was again strong in the two main divisions that will make up the bulk of the group’s future scope:Copper production (43% of 2024e EBITDA) was slightly below our expectations, but the grou...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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