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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Anglo American Plc | LSE:AAL | London | Ordinary Share | GB00B1XZS820 | ORD USD0.54945 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 55.50 | 2.03% | 2,791.50 | 2,791.00 | 2,792.00 | 2,799.50 | 2,756.50 | 2,760.00 | 693,427 | 11:42:31 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 30.84B | 283M | 0.2116 | 132.18 | 37.41B |
From May 2019 to May 2024
(Updated with context.)
By Carlo Martuscelli
Anglo American PLC (AAL.LN) said Friday that operations had resumed at its Minas-Rio iron-ore operation in Brazil following work at the mine.
The company said it had carried out an inspection of the 529 kilometer pipeline that carries iron-ore slurry from the mine to the port, and had replaced certain sections of the pipeline where it had identified leaks of non-hazardous materials.
The project is expected to produce between 16 million and 19 million tons of wet-basis iron ore in 2019, the miner said. Anglo American is now guiding for an underlying loss in earnings before interest, tax, depreciation and amortization at Minas-Rio of $320 million for 2018. It previously saw a loss in the range of $300 million and $400 million.
The FTSE 100-listed miner announced the suspension of works at the iron-ore project in April after finding a minor leak in a pipeline.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
December 21, 2018 07:25 ET (12:25 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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