Anglo American lowers Kumba iron ore production guidance, maintains outlook for Minas Rio

Anglo American has lowered the 2020 production guidance for its Kumba iron ore operations to 37-39 million tonnes, down from a previous guidance of 41.5-42.5 million tonnes, due to the lockdown in South Africa, the miner said on Thursday April 23.

The company added that it is maintaining the production guidance for its Minas Rio operations in South America at 22-24 million tonnes, though the outlook for both operations remains subject to any further Covid-19-related disruptions.

Last month, the miner had warned of a production impact...

Published

Zihao Yu

April 23, 2020

10:39 GMT

Singapore