Trade Resources Industry Views Anglo American Corporation Announced Its Production Results

Anglo American Corporation Announced Its Production Results

UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 million mt, while Sishen mine production decreased by three percent year on year to 8.3 million mt.

Anglo American's export iron ore sales increased by one percent year on year to 10.3 million mt during the second quarter. Domestic sales increased by 21 percent to 1.4 million mt due to increased offtake by ArcelorMittal S.A.

Anglo American's export metallurgical coal production in the second quarter this year increased by 10 percent year on year to 4.83 million mt, while the company's nickel production increased by 25 percent year on year to 10,600 mt.

Source: http://www.steelorbis.com/steel-news/latest-news/anglo-american-sees-growth-in-iron-ore-production-in-q2-838312.htm
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Anglo American Sees Growth in Iron Ore Production in Q2
Topics: Metallurgy