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Feb 27, 2021

Coal price dive and mine incidents hit Anglo results

Coal price dive and mine incidents hit Anglo results

Anglo American’s pre-tax profits from its metallurgical coal operations slipped 97 per cent in 2020 as lower coal prices and underground incidents during the year at Grosvenor and Moranbah North took their toll. And the company advised that production guidance for 2021 stands at 18–20 million tonnes but is expected to be at the lower…

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