Perfect storm forces Anglo asset review
The company announced this week that profits fell by 94% in the year ended December
25 February 2024 - 05:44
Facing the perfect storm of a commodities cycle bust, an unending logistics crisis, a subdued global economy and geopolitical tensions, mining giant Anglo American is undertaking a complete review of its assets — and nothing is off the table.
The company announced this week that profits fell by 94% in the year ended December as platinum group metals (PGMs) and diamond markets slumped and weaknesses at Transnet took a toll...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.