Anglo portfolio playing to demand for cleaner, electrified world – Cutifani

The asset quality and product positioning of the Anglo American portfolio play precisely to the macro global demand for a “cleaner world, an electrified world and a consumer world”, Anglo American CEO Mark Cutifani said on Thursday. The London- and Johannesburg-listed diversified mining and marketing company delivered a 19% increase in underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to $5.5-million in the first half of the year and a 22% increase in return on capital employed.