Anglo maintains output targets despite drop in third-quarter output

Reuters

Published Oct 22, 2020 07:35

JOHANNESBURG (Reuters) - Anglo American Plc (L:AAL) on Thursday maintained most of its production targets, as it posted a year-on-year fall in third-quarter output reflecting maintenance at its Minas-Rio iron ore mine in Brazil and the suspension of its Grosvenor metallurgical coal operations in Australia.

In the three months to September, overall production fell 3% with diamonds, platinum, iron ore and coal down, while copper and manganese production rose.