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Anglo American ( (GB:AAL) ) just unveiled an update.
Anglo American plc highlighted the financial results of its subsidiary, Kumba Iron Ore Limited, for the year ending 31 December 2024. Kumba reported an adjusted EBITDA of R28.1 billion, approximately $1.5 billion, contributing to Anglo American’s underlying EBITDA with an added adjustment, totaling around $1.6 billion. These results reflect Kumba’s financial health and its significant role in Anglo American’s overall portfolio, underscoring the importance of iron ore in the company’s revenue and market positioning.
More about Anglo American
Anglo American plc operates in the mining industry, focusing on the production of commodities such as iron ore, coal, copper, and diamonds. The company is active globally and is known for its substantial contributions to the raw materials market.
YTD Price Performance: 4.20%
Average Trading Volume: 3,463
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $41.46B
For detailed information about AAL stock, go to TipRanks’ Stock Analysis page.
