Anglo American Released Metals Strategy for the Future

SEATTLE (Scrap Monster): Leading miner Anglo American launched innovative metals strategy to meet future requirements. The strategy positions the company’s diversified portfolio of mines to service the emerging energy revolution. This was disclosed by Mark Cutifani, CEO, Anglo American while addressing a symposium organized by The Northern Miner.

According to Cutifani, the company sees itself as a material solutions company, committed to ensure adequate delivery of raw materials that support global changes. The products portfolio of the company is tilted towards future enabling products. The company hopes tremendous surge in performance by its diversified business, primarily led by copper and the platinum group metals, he added.

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Anglo American intends to position itself for a sustainable future, by integrating technology with a sustainability framework. It must be noted that the company has already unveiled several ESG commitments, including plans to achieve carbon-neutral operations by 2040. Also, the company had recently announced exit from thermal coal operations.

Anglo American had declared record financial performance in 2021, generating underlying EBITDA of $20.6 million.