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 end of that rangeafter the suspension of operations at...