UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the second quarter, iron ore production from Kumba Iron Ore decreased by 15 percent year on year to 8.86 million mt, while its Minas-Rio mine produced 3.5 million mt of iron ore, rising by 91 percent year on year due to the ongoing ramp-up of operations.
Anglo American's export metallurgical coal production in the given quarter increased by four percent year on year to 5.5 million mt. In the same quarter, the company's nickel production increased by 76 percent year on year to 11,100 mt, following the successful completion of the Barro Alto furnace rebuilds.
Meanwhile, Anglo American's iron ore production forecast for the full year of 2016 has been revised to 15-17 million mt from the previous forecast of 15-18 million mt.