Anglo American (GB:AAL) has released an update.
Anglo American has unveiled a strategic plan, focusing on its core assets in copper and premium iron ore, to boost shareholder value and operational excellence. The plan includes divesting from its Steelmaking Coal and De Beers businesses, and a demerger of Anglo American Platinum, aiming to streamline operations and reduce costs. The company targets a significant EBITDA margin increase and maintains a strong dividend payout while prioritizing the growth and development of assets that support the global transition to sustainable energy and food security.
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