Anglo American's H1 iron ore output drops 2% YoY

Anglo American plc, a global minerals and natural resources giant headquartered in London, reported a 2% on-year decline in first-half iron ore production to 30.6 million tonnes, according to its latest production update released on July 23.

The dip was more pronounced in the June quarter, with output falling 3% from a year earlier to 15.4 million tonnes, as operations in both Brazil and South Africa declined. In South Africa, Kumba's production in Q2 dropped 4% on year to 8.8 million tonnes, which the company attributed to