Anglo American shares down despite "another strong production quarter"
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Anglo American PLC reported a strong production quarter for copper and iron ore, but shares fell 3.4% in Johannesburg. Copper production decreased by 10% to 695,000 tonnes in 2025, while iron ore remained flat at 60.8 million tonnes. The company anticipates increased copper and iron ore production in the coming years. Additionally, Anglo American is selling its coal, diamond, and nickel assets as part of a simplification plan. Kumba Iron Ore's shares rose 1.2% despite Anglo's decline.
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