Anglo American plc (AAUKF)
| Previous Close | 0.00 |
| Open | 29.50 |
| Bid | 26.50 x 40000 |
| Ask | 26.80 x 40000 |
| Day's Range | 29.50 - 29.50 |
| 52 Week Range | 20.91 - 35.70 |
| Volume | |
| Avg. Volume | 2,438 |
| Market Cap | 33.493B |
| Beta (5Y Monthly) | 1.10 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.36 |
| Earnings Date | Jul 25, 2024 |
| Forward Dividend & Yield | 0.83 (3.09%) |
| Ex-Dividend Date | Aug 15, 2024 |
| 1y Target Est | N/A |
The GuardianAnglo American takes further £1.2bn writedown on Yorkshire fertiliser mine
Production at Woodsmith site near Whitby set back to 2030 as firm plans to pause work during overhaul
ReutersAnglo takes further fertiliser writedown, sees coal deal by early 2025
LONDON (Reuters) -Anglo American took a further $1.6 billion writedown on its British fertiliser project on Thursday but said it expects to reach a deal to sell its coal assets by early 2025 despite a fire at one of its mines. CEO Duncan Wanblad is under pressure to boost returns to investors and demonstrate he can deliver on his May 14 plan to radically refocus the company on copper and iron ore, after fighting off a $49 billion takeover attempt from bigger rival BHP Group. Wanblad aimed to get an early start by selling Anglo's coking coal assets in Australia, but a fire at its Grosvenor mine threatens to delay a deal and hit its valuation.
ReutersAnglo to face investors with wary eye on BHP's potential return
Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49 billion takeover bid from bigger rival BHP Group. While Wanblad pinned his approach on getting an early start with selling Anglo's coking coal assets in Australia, which the company said has drawn huge interest, an unexpected and unwieldy fire at its Grosvenor mine could torpedo the well-laid plans, setting the timing back with a possible hit to the deal's valuation. "Clearly, any updates on the simplification strategy will be closely watched," said Richard Hatch, analyst at Berenberg.
