Anglo American posts decreased iron ore output for Q3

Thursday, 22 October 2015 16:29:46 (GMT+3)   |   Istanbul
UK-based mining giant Anglo American Corporation has announced its production results for the third quarter this year. In the given quarter, iron ore production from Kumba Iron Ore decreased by 12 percent year on year to 11.4 million mt, while the Minas-Rio mine produced 2.9 million mt.
 
Anglo American's export metallurgical coal production in the given quarter increased by eight percent year on year to 5.5 million mt, driven by productivity improvements at the Grasstree mine, which more than offset the loss of production from Peace River Coal being placed on care and maintenance in December 2014. In the same quarter, the company's nickel production decreased by 36 percent year on year to 6,800 mt, due to the planned furnace rebuilds.

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