Anglo American PLC
Company Profile
Business description
Anglo American's mining portfolio spans many commodities and continents. Like other large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world’s platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the United Kingdom. In May 2024, Anglo announced that it will restructure to focus on copper, iron ore, and crop nutrients, while selling or spinning off its other businesses.
Contact
17 Charterhouse Street
LondonEC1N 6RA
GBRT: +44 2079688888
Sector
Basic Materials
Stock type
Cyclical
Industry
Other Industrial Metals & Mining
Fiscal Year End
31 December 2024
Employees
58,000
Morningstar Investment Ideas
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