AngloAmerican Plc : Robust Q2 auguring well for the rest of the year, but Grosvenor suspension weighs on our valuation
>Robust Q2 production despite challenges in steelmaking coal - Anglo has reported robust Q2 production figures (see our First Take published on Thursday) that, to date, have enabled it to exceed half of its full-year targets in most divisions. Performance is compelling in the two core Copper (41% 2024e EBITDA) and Iron Ore (32%) divisions which will make up the lion’s share of activity following the planned exit from most other assets. Among the downsides, we highligh...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.