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Anglo American shares tumble on planned production cuts

A bonfire of capex will shrink output in 2024, Wanblad said

William Clarke
Anglo American shares tumble on planned production cuts

Credits: Anglo American

Anglo American is planning a massive cost-cutting exercise, after spending big on copper in Peru and polyhalite in the UK. The mining giant plans to cut its capital expenditure by US$1.8 billion between...

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