Report

AngloAmerican Plc : Une production en dessous des attentes mais un bon mix d’amélioration

>Une production en dessous des attentes - Le rapport de production d’Anglo American a été décevant même si la production en cuivre équivalent a progressé de 2%. La bonne surprise est venue de Minas Rio dont la montée en régime dépasse les attentes du management (5,9Mt au T2 vs 4,9Mt au T2 et ODDO BHF : 4,5Mt). La division Copper (20% de l’EBITDA 2018) a également fait mieux grâce aux mines de Los Bronces (teneurs plus élevées) et Collahuasi (bon rendement de l’usine)....
Underlying
Anglo American plc

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.

Provider
Oddo BHF
Oddo BHF

​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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