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AAL Anglo American Plc

2,497.00
292.00 (13.24%)
Last Updated: 13:45:20
Delayed by 15 minutes
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
  292.00 13.24% 2,497.00 2,496.50 2,497.00 2,512.50 2,421.00 2,435.00 12,287,308 13:45:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 30.84B 283M 0.2116 118.34 33.49B

Anglo American Sees South African Production Hit by Lockdown

27/03/2020 8:06am

Dow Jones News


Anglo American (LSE:AAL)
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From Apr 2019 to Apr 2024

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By Matteo Castia

 

Anglo American PLC said Friday that it expects a reduction in iron-ore volume production and thermal-coal export due to the three-week lockdown imposed by the South African government in response to the spread of the coronavirus.

The South Africa-based mining multinational said that it estimates iron-ore 2020 production from its mine at Kumba to be lower by 2 million tons to 3 million tons, while thermal-coal export for the year is forecast to be reduced by 1.5 million tons to 2 million tons.

Anglo American has said in recent days that similar restrictions in the U.K. and Peru have slowed down its operations in those countries too.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

March 27, 2020 03:51 ET (07:51 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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