Anglo American plans $1.8 billion spending cuts to arrest downturn
LONDON, Dec 8 (Reuters) – Global miner Anglo American (AAL.L) aims to cut capital expenditure by $1.8 billion by 2026, it said on Friday, as it grapples with a fall in demand for most of the metals it mines and a writedown for its British fertiliser project. Anglo joined peers including Rio Tinto (RIO.L), (RIO.AX), Teck Resources (TECKb.TO) and Glencore (GLEN.L) in reporting…...
NK Monthly 40 Membership Required
You must be a NK Monthly 40 member to access this content.
Already a member? Log in here
