Anglo American posts reduced iron ore output for Q1

Thursday, 21 April 2016 12:25:48 (GMT+3)   |   Istanbul
       

UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the first quarter, iron ore production from Kumba Iron Ore decreased by 27 percent year on year to 8.9 million mt, while the Minas-Rio mine produced 3.3 million mt of iron ore.
 
Anglo American's export metallurgical coal production in the given quarter decreased by nine percent year on year to 4.5 million mt, due to the implementation of planned longwall maintenance works at both the Moranbah and Grasstree mines, partially offset by the strong operational performance at Dawson mine and improved coal production at Grosvenor mine. In the same quarter, the company's nickel production increased by 67 percent year on year to 11,200 mt, following the successful completion of the Barro Alto furnace rebuilds.
 
Anglo American's iron ore production forecast for the full year of 2016 remains at 15-18 million wet mt.

Similar articles

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

Brazilian high-grade iron ore price declines sharply in two days

27 Mar | Scrap & Raw Materials

Daily iron ore prices CFR China - March 27, 2024

27 Mar | Scrap & Raw Materials

India’s JSPL takes operational charge of iron ore complex in Venezuela

27 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

Vale selected to begin award negotiations for US briquette plant

26 Mar | Steel News

Daily iron ore prices CFR China - March 26, 2024

26 Mar | Scrap & Raw Materials

India’s SEML subsidiary secures mining rights to iron ore block

26 Mar | Steel News

Major steel and raw material futures prices in China - March 26, 2024

26 Mar | Longs and Billet