Anglo American a ‘fundamentally different’ business

As dual-listed Anglo American looks back on what has been described as another “very successful year”, the mining giant can look back on what is a significantly contrasting position less than a decade ago. Since 2012, Anglo American has shifted from a 30% mining margin to a 42% mining margin by the end of 2018 – with a lower price basket – attributed to an upgraded portfolio, technical changes and the company’s operating model.