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Anglo American posts reduced iron ore output for Q1

Thursday, 21 April 2016 12:25:48 (GMT+3)   |   Istanbul
       
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the first quarter, iron ore production from Kumba Iron Ore decreased by 27 percent year on year to 8.9 million mt, while the Minas-Rio mine produced 3.3 million mt of iron ore.
 
Anglo American's export metallurgical coal production in the given quarter decreased by nine percent year on year to 4.5 million mt, due to the implementation of planned longwall maintenance works at both the Moranbah and Grasstree mines, partially offset by the strong operational performance at Dawson mine and improved coal production at Grosvenor mine. In the same quarter, the company's nickel production increased by 67 percent year on year to 11,200 mt, following the successful completion of the Barro Alto furnace rebuilds.
 
Anglo American's iron ore production forecast for the full year of 2016 remains at 15-18 million wet mt.

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