BASE METALS

Macro headwinds hit Anglo American profits

Anglo American reported falling profits, under pressure from lower commodity prices which outweighed rising production driven by the Quellaveco ramp-up, but maintained full year guidance.

Macro headwinds hit  Anglo American profits

Lower prices pressured earnings despite an increase in production of about 10%. Attributable profit fell by 66% to US$1.26 billion in the first half. "Macro headwinds - principally, weaker prices for...

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