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HomeBusinessMarketAnglo American sees 2022 production down 3%

Anglo American sees 2022 production down 3%

Anglo American PLC mentioned Friday that 2022 manufacturing was down by round 3% because the Quellaveco copper ramp-up and robust diamond manufacturing was offset by ore grades in Chile and decrease manufacturing from Kumba and platinum group metals.

Unit prices for the yr had been up round 16% and it
AAL,
-1.77%

sees capex of round $5.7 billion after provide chain disruptions and international alternate.

For 2023, manufacturing is seen to extend 5% with capex forecast at $6.0 billion-$6.5 billion. In 2024, manufacturing is anticipated to extend 5%, with capex forecast at $5.5 billion-$6.0 billion

Write to Kyle Morris at [email protected]

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