Anglo American Confirms Guidance on Steady Copper, Iron Production
By Nina Kienle
Anglo American said it is sticking to its full-year guidance after a steady quarter across both copper and premium iron ore production.
The London-listed miner on Tuesday said it dug out 170,000 metric tons of copper in the first quarter, a 1% rise on the same period a year prior as it benefited from higher production at Los Bronces and Collahuasi in Chile.
Quarterly iron-ore production fell 2% to 15.2 million tons on slightly lower production from Kumba in South Africa and Minas-Rio in Brazil.
Steelmaking coal output tumbled 31% to 1.5 million tons after lower production from Moranbah North in Australia following an incident in March 2025 and significant weather impacts at Dawson, also in Australia.
The miner added that the sale process of its steelmaking coal business is progressing well.
"While the conflict in the Middle East is creating considerable volatility in the broader market, our resilient supply chain is currently supporting business continuity, and we are actively managing the situation to address potential adverse effects, including cost inflation," Chief Executive Duncan Wanblad said.
Looking forward, Anglo American backed its production guidance for copper, premium iron ore and diamonds.
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
April 28, 2026 03:03 ET (07:03 GMT)
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