Anglo American highlights progress and Anglo Teck plans
The portfolio transformation nears completion, with Duncan noting the potential of the combined entity with Teck Resources.
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Global mining company producing copper, iron ore, and crop nutrients
angloamerican.comLast updated
In short: Anglo American narrowed its half-year losses and grew EBITDA to $4 billion while advancing a major portfolio overhaul and a Teck merger.
The portfolio transformation nears completion, with Duncan noting the potential of the combined entity with Teck Resources.
The combined company's ELT includes Duncan Wanblad as CEO and Jonathan Price as Deputy CEO, with regional leaders confirmed.
The dividend will be paid on 29 September 2026 to shareholders of record on 21 August 2026.
Underlying EBITDA rose 35% to $4.0 billion, net debt decreased, and sale of steelmaking coal agreed.
Extreme weather stops copper mines in Chile and worsens the global shortage. Analysts warn of price movements when production is at a standstill.
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") and Anglo American plc ("Anglo American") announce the composition of the future Executive Leadership Team...
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Underlying EBITDA rose 35% to $4.0 billion, as net debt declined to $8.2 billion.
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