Anglo American’s iron ore output from Kumba Iron Ore up 9% in Q4

Thursday, 26 January 2017 17:09:23 (GMT+3)   |   Istanbul
UK-based mining giant Anglo American Corporation has announced its production results for the fourth quarter of the current year. In the fourth quarter, iron ore production from its South African subsidiary Kumba Iron Ore increased by nine percent year on year to 11.9 million mt, driven by improved mining productivity, higher plant yields at Sishen mine and higher throughput at Kolomela mine, while its Minas-Rio segment in Brazil produced 4.9 million mt of iron ore, rising by 49 percent year on year due to the ongoing ramp-up of operations. 
 
Anglo American's export metallurgical coal production in the given quarter decreased by two percent year on year, primarily due to the sale of Foxleigh mine which completed in August last year. Excluding Foxleigh mine, production increased by five percent to 5.4 million mt due to the ramp-up at Grosvenor mine and productivity improvements at Moranbah and Dawson mines. In the same quarter, the company's nickel production increased by four percent year on year to 10,900 mt, following the successful ramp-up of Barro Alto plant.

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