Anglo’s S.African iron ore unit cuts production as rail woes persist

 Anglo’s S.African iron ore unit cuts production as rail woes persist

Dec 8 (Reuters) – South Africa’s Kumba Iron Ore (KIOJ.J), a unit of global mining giant Anglo American Plc (AAL.L), on Friday said it was cutting production over the next three years to align output to constrained capacity to transport minerals via rail to port. Transnet, South Africa’s state-owned freight rail and port operator, is struggling to haul minerals…...

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Edward Smit