Tag: Anglo american Q4CY23 result
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Anglo American’s Kumba iron ore output remains stable y-o-y in CY’23
Anglo American’s iron ore production stood at 59.93 mnt in CY’23, marginally up by 1% y-o-y from 59.28 mnt in CY’22. CY’24 guidance remains unchanged at 58-62 mnt. Meanwhile, production decreased by 10% q-o-q to 13.81 mnt as against 15.4 mnt in Q3CY’23. However, sales rose by 6% y-o-y at 61.49 mnt in CY’23.