Anglo American iron ore output from Kumba mines decreased by 19% to 9.6 mn t in Q4 CY20 as compared with 11.8 mn t in Q4 CY19. The decrease is attributed to high rainfall which continued through 2020, and operational issues at the Sishen crusher and Kolomela plant. The minas Rio output picked up 5% y-o-y to 6.5 mn t. The total Kumba iron ore shipments fell 3% to 10.1 mn t for the quarter.
Leave a Reply