Anglo American delivered a strong Q2 performance, maintaining production guidance for most assets, except coal.
- Copper production is on track, with a 2% increase in H1 2023, despite a 6% decrease in Q2.
- Minas-Rio achieved a record Q2 performance, offset by a planned decrease at Kumba.
- Iron ore production was flat, with Kumba’s total production decreasing by 1%.
- Platinum group metal (PGM) production was 2% lower, reflecting expected lower volumes.
- Steelmaking coal production increased by 26%, driven by higher production from Grosvenor and Dawson.
- Anglo American revised its steelmaking coal guidance for 2023 to 14-15.5 million tonnes, due to the underground fire at Grosvenor.