Sunday, 19 January 2025

Focus on Anglo American plc

FILE PHOTO: A general view of Anglo American's Los Bronces copper plant in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/File Photo
BusinessCritical MineralsMiningNewsTrade

Anglo American not a sitting duck after breakup, CEO says

Anglo American's CEO Duncan Wanblad dismissed claims of an inevitable takeover after unbundling its diamond, platinum, nickel, and coal assets, focusing on copper.

FILE PHOTO: Sheets of copper cathode are pictured at BHP Billiton's Escondida, the world's biggest copper mine, in Antofagasta, Chile March 31, 2008.  REUTERS/Ivan Alvarado/File Photo
AnalysisBusinessCritical MineralsIn-DepthMineralsMining

Mining industry struggles with valuation gap amid shift to copper

Miners including Rio Tinto, BHP Group and Glencore are watching rival copper producers gradually grow beyond their reach.

FILE PHOTO: A worker processes platinum group metal (PGM) ores at a smelter complex during a visit by U.S. Deputy Treasury Secretary Wally Adeyemo at a platinum mine owned by Sibanye Stillwater, as part of his five-day visit to the country, in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisAutomotiveBusinessCritical MineralsElectric Vehicles (EVs)In-DepthMineralsTransport

Analysis: Hybrid cars throw lifeline to platinum metals

As consumers increasingly turn to hybrid cars over pure EVs, the exhaust-cleaning platinum metals rise above the expected drop in demand.

Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCoalMineralsMiningNews

Initial bids for Anglo’s Australian coal mines due by Sept 9, sources say

Several companies thought to be interested in Anglo coal mines sale, as the mining giant simplifies in the wake of rejected BHP takeover.

FILE PHOTO: Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCoalFinanceFuelMineralsMiningNews

Anglo American to face investors with wary eye on BHP’s potential return

Anglo American investors will keenly scrutinize CEO Duncan Wanblad's update on Thursday, just months after BHP takeover bid

FILE PHOTO: A woman walks past Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe, May 16,2019. REUTERS/Philimon Bulawayo/File Photo
BusinessCritical MineralsFinanceLabourMineralsNews

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London

File photo: A worker walks past a board outside Anglo American offices in Johannesburg, August 21, 2015. REUTERS/Siphiwe Sibeko/File photo
BusinessCoalFuelIndustryMineralsMiningNews

Anglo American hires banks for coal assets sale, sources say

Three banks hired to help sell Anglo coal assets worth an estimated $5bn as company restructures following attempted takeover by BHP.

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/File Photo
BusinessCoalCritical MineralsIn-DepthMiningNews

Timeline: BHP Group’s failed pursuit of rival Anglo American

Timeline: Miner BHP Group walked away from its $49 billion plan to take over rival Anglo American after its last-ditch request for more...

FILE PHOTO: The Anglo American logo is seen in Rusternburg October 5, 2015. Picture taken October 5, 2015.  REUTERS/Siphiwe Sibeko/File Photo
AnalysisBusinessCritical MineralsIn-DepthMining

Analysis: BHP’s options for Anglo American deal narrow as deadline looms

Mooted BHP Anglo deal, which has been rejected twice, could turn into a hostile takeover bid – or will the mining rivals walk...

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