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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13.50 | 0.62% | 2,182.00 | 2,184.50 | 2,185.00 | 2,200.50 | 2,158.50 | 2,184.50 | 5,451,140 | 16:35:26 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 30.84B | 283M | 0.2116 | 103.26 | 29.23B |
From Apr 2019 to Apr 2024
By Adria Calatayud
Anglo American PLC (AAL.LN) said Monday that it raised its production guidance for 2019 for its Minas-Rio iron-ore operation in Brazil after receiving regulatory approval for the step 3 license area of the project.
The FTSE 100 mining company said it now expects the project to produce between 18 million and 20 million metric tons next year, compared with previous guidance of 16 million to 19 million tons. The company said it expects unit costs for Minas-Rio of between $28 and $31 a ton, down from the previous guidance of $30 to $33.
Anglo American said access to the step 3 area of the project will provide greater operational flexibility and access to higher-grade iron ore. This will support increasing production toward its full-design capacity of 26.5 million tons a year, the company said.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
December 24, 2018 02:37 ET (07:37 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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