Aankondiging • May 20
Anglo American plc Updates on Collahuasi Environmental Permit in Chile Anglo American PLC noted the 15 May 2026 ruling in Chile by the Second Environmental Tribunal which purports to set aside the Environmental Authorization issued by the Environmental Assessment Service to the independently managed Collahuasi copper mine in 2021 for the Infrastructure Development and Production Capacity Improvement project that includes the development of a water desalination plant for Collahuasi, which is now almost complete. Anglo American understands from the Tribunal´s own press release that its ruling is limited to two specific aspects relating to analysis on the effects on a local community and on the marine environment. Collahuasi is currently in the process of seeking full clarification from the Tribunal in order to determine the specific effects of its ruling, the matters that it requires Environmental Assessment Service to re-examine, and any impact on Collahuasi's operations. Based on the information currently available and subject to the existing alternative water sources for Collahuasi, Anglo American does not currently expect any immediate impact on production. Collahuasi is seeking clarity on the ruling from both the Tribunal and the Environmental Assessment Service, and Anglo American will provide further updates as appropriate. Collahuasi has confirmed that the environmental permitting process for the project was carried out in accordance with local regulations and under the relevant environmental framework. The Environmental Authorization was obtained in December 2021, following a rigorous assessment process led by the Environmental Assessment Service, including the indigenous consultation defined by the competent authority. This was subsequently confirmed by the Ministers Committee in August 2023. Collahuasi has stated that it will continue to work in coordination with the relevant authorities and stakeholders, acting responsibly and in accordance with the legal framework, in order to determine the appropriate next steps. Aankondiging • Mar 23
Anglo American PLC Announces Delisting Of Ordinary Shares From SIX Swiss Exchange Anglo American PLC confirms that SIX Swiss Exchange Regulation has approved an application for the delisting of the Company's 1,178,050,272 ordinary shares of USD 0.6239 each from the SIX Swiss Exchange. Anglo American PLC has decided to seek the Swiss Delisting as part of a review of its global share listings in connection with the proposed merger with Teck Resources Limited, and because of a prolonged period of low trading volumes of shares on the SIX Swiss Exchange and the regulatory burden associated with multiple secondary listings. Following the Swiss Delisting it will no longer be possible to trade shares on the SIX Swiss Exchange. The last day of trading for shares on the SIX Swiss Exchange is expected to be June 25, 2026. The Swiss Delisting is expected to be effective as of June 26, 2026. It is recommended that shareholders who trade shares on the SIX Swiss Exchange consult with their investment advisors, brokers or other applicable professional advisors on the actions that should be taken as a result of the Swiss Delisting. As previously announced on September 9, 2025, on completion of the merger, the company expects to retain its primary listing on the London Stock Exchange as well as listings on the Johannesburg Stock Exchange, the Toronto Stock Exchange and the New York Stock Exchange (to be implemented as a listing of American Depositary Receipts), subject to the approval or acceptance of the applicable exchanges in the case of the Toronto Stock Exchange and the New York Stock Exchange. Aankondiging • Feb 07
Anglo American plc Revises Production Guidance for the Year 2026 and 2027 and Provides Production Guidance for the Year 2028 Anglo American plc revised production guidance for the year 2026 and 2027 and provided production guidance for the year 2028. For the year 2026, the company now expects Copper production of 700 kt to760 kt compared to previous guidance of 760kt to 820 kt, Premium Iron Ore of 55 Mt to 59 Mt compared to previous guidance of 54 Mt to 58 Mt and Diamonds of 21 Mct to 26 Mct compared to previous guidance of 26 Mct to 29 Mct.
For the year 2027, the company now expects Copper production of 750 kt to 810 kt compared to previous guidance of 760 kt to 820 kt and Premium Iron Ore of 59 Mt to 63 Mt.
For the year 2028, the company now expects Copper production of 790 kt to 850 kt and Premium Iron Ore of 58 Mt to 62 Mt. Aankondiging • Jan 19
Anglo American plc to Report First Half, 2026 Results on Jul 30, 2026 Anglo American plc announced that they will report first half, 2026 results on Jul 30, 2026 Aankondiging • Dec 24
Anglo American plc, Annual General Meeting, Apr 29, 2026 Anglo American plc, Annual General Meeting, Apr 29, 2026. Aankondiging • Dec 16
Anglo American and Teck Resources Receives Government of Canada Approval for Merger of Equals Under Investment Canada Act Anglo American plc and Teck Resources Limited have received regulatory approval from the Government of Canada under the Investment Canada Act ("ICA") for the merger of equals between Anglo American and Teck which was announced on 9 September 2025. Anglo American and Teck believe that the formation of Anglo Teck in a merger of equals will provide exceptional and enduring benefits for Canada, founded upon establishing a global critical minerals champion headquartered in Canada. Aankondiging • Nov 24
BHP Group Reportedly Made Renewed Bid Approach to Anglo American Mining company BHP Group Limited (ASX:BHP) has made a renewed takeover approach to rival Anglo American plc (LSE:AAL), a source familiar with the matter told Reuters on November 23, 2025, just months after the London-listed miner agreed merger plans with Canada's Teck Resources to create a global copper-focused heavyweight. Anglo American declined to comment. BHP did not immediately respond to a request for comment outside regular business hours. BHP has made overtures to Anglo American in recent days, Bloomberg News reported earlier, citing people familiar with the matter, adding that deliberations are ongoing and there is no certainty of a deal. Anglo American's market capitalisation is about $41.80 billion, while BHP's is around $132.18 billion, based on LSEG data. In September, Anglo American agreed plans to merge with Teck in an all-share deal, marking the sector's second-biggest M&A deal ever. The deal came just over a year after BHP scrapped a $49 billion bid for Anglo, a deal that would have boosted the Australian miner's holdings of copper, the metal seen as essential for the transition to greener energy. If the BHP/Anglo deal had gone ahead, the combined entity would have been the world's largest copper producer, with a total annual production of around 1.9 million metric tons. The new Anglo Teck group is expected to have a combined annual copper production capacity of approximately 1.2 million tons, still second to BHP. Aankondiging • Oct 31
Anglo American plc to Report Fiscal Year 2025 Results on Feb 20, 2026 Anglo American plc announced that they will report fiscal year 2025 results on Feb 20, 2026 Aankondiging • Oct 30
Anglo American Reportedly Hunts for Potential Buyers for Its Steel Making Coal Assets Anglo American plc (LSE:AAL) has told investors that it is back on the hunt for potential buyers for its steel making coal assets after initiating the arbitration process against former suitor Peabody Energy. The group hopes to receive compensation from Peabody after it pulled out of its $3.8 billion offer to buy Anglo's Australian coal portfolio. "At Moranbah North, we continue to make progress towards a safe and structured remote restart and ramp up this year, ahead of transitioning to normal longwall operations," the company said. It added that preparations were under way to restart the formal sale process in the coming months. Anglo CEO Duncan Wanblad proposed the portfolio transformation plan last year in an effort to keep shareholders on his side, after the group rebuffed a R700bn-plus buyout offer from mining behemoth BHP as unattractive and convoluted. This year Anglo has sold its minority interest in coal producer Jellinbah Group for AUD 1.6 billion, disposed of its nickel business for $500 million and divested platinum group metals unit Valterra Platinum. However, it is yet to find a suitable buyer for diamond business De Beers, with the rapid market growth of lab-grown diamonds putting downward pressure on the demand for natural diamonds in recent years. We continue to work through the regulatory approvals for the Nickel transaction and, for De Beers, we are making good progress with the dual track separation and a structured sale process is currently under way," Wanblad said. Aankondiging • Oct 29
Anglo American plc Provides Production Guidance for Year 2025 Anglo American plc provided production guidance for year 2025. For the year, the company's Copper production is expected to 690 kt-750 kt, diamonds production is expected to 20 Mct - 23 Mct, Iron Ore production is expected to 58 Mt - 62 Mt. Aankondiging • Oct 24
Anglo American plc Announces Hixonia Nyasulu Step Down as A Non-Executive Director of the Board, Effect from 31 December 2025 Anglo American plc announced that Hixonia Nyasulu has decided to step down as a non-executive director of the Board of Anglo American with effect from 31 December 2025, after six years of service to focus on her wider board portfolio. Hixonia Nyasulu has served as an independent non-executive director since November 2019, also serving on the Board's Nomination and Remuneration committees. Hixonia also serves as senior independent director of SSE plc, as a non-executive director, vice chair and chair of the sustainability committee of Olam Agri Holdings, and as a member of the Council on Sustainability Transformation. The Anglo American plc Board of Directors will comprise, from 1 January 2026: Chair: Stuart Chambers. Executive directors: Duncan Wanblad- chief executive officer. John Heasley- chief financial officer. Non-executive directors: Magali Anderson, Ian Ashby, Marcelo Bastos,Hilary Maxson, Nonkululeko Nyembezi, Ian Tyler and Anne Wade. Aankondiging • Sep 11
Yancoal Reportedly Digging for Anglo Mines Yancoal Australia Ltd. (ASX:YAL) is believed to have moved its acquisition aspirations to Anglo American plc (LSE:AAL)'s Queensland coal assets that had been slated for a sale to Peabody Energy. This while also negotiating to buy the Kestrel coal mine in Queensland, estimated to be worth about USD 3 billion ($4.62 billion). The $7 billion Yancoal has been a bridesmaid at almost every major Australian coal mine auction in recent years. Vendors have been spooked over a sale to the Australian-listed but China-backed coal group due to concerns that a deal may be weighed down with regulatory risks. But now it appears to be potentially in the driver's seat after the coal price has come off the boil and other prospective buyers of assets are concerned about embarking on large acquisitions in such an uncertain environment. Anglo last month told the market its $5.8 billion sale of Queensland coal mines to Peabody Energy had not been finalised, as the US-based Peabody argues a fire at one of its major mines, Moranbah North, amounts to a material adverse change in conditions that enables the group to walk away from the contract. The two are seeking to settle the matter through legal arbitration. Anglo indicated that it may sell the assets to another party and take legal action against Peabody to recover the difference, which is where Yancoal comes in. DataRoom earlier reported that underbidders in the initial auction last year, won by Peabody, had made approaches to the parties to see if they would be prepared to reach an alternative deal. Yancoal had been also been in serious talks over a deal to buy the EMR Capital-controlled Kestrel coal mine in Queensland. While International Resources Holding from Abu Dhabi, which operates in mining through Africa, had been in talks, Yancoal had been angling for bilateral discussions to buy the asset after an initial sale process plan was shelved amid the weaker coal price environment. EMR Capital owns 52% and is a seller, while Adaro Energy owns the remainder and has pre-emptive rights to buy out the asset. But it is understood Adaro would sell at the right price. Aankondiging • Jul 31
Anglo American plc Proposes Interim Dividend for the Six Months Ended 30 June 2025, Payable on 30 September 2025 Anglo American plc proposed interim dividend for the six months ended 30 June 2025 of 40% of first half total underlying earnings, equal to $0.07 per share (30 June 2024: $0.42 per share), equivalent to $0.1 billion (30 June 2024: $0.5 billion). Ex-dividend on the London Stock Exchange from the commencement of trading is 21 August 2025; Record date (applicable to both the principal register and branch registers) is 22 August 2025; Payment date of dividend is 30 September 2025. Aankondiging • Jun 19
Anglo American plc Announces Executive Appointments, Effective July 1, 2025 Anglo American plc has streamlined its executive leadership team to reflect substantial progress with the simplification of its portfolio, with the demerger of Valterra Platinum completed and the sales agreed for the steelmaking coal and nickel businesses. In addition to the two executive directors Duncan Wanblad (Chief Executive Officer) and John Heasley (Chief Financial Officer), Anglo American's executive leadership team will comprise, from 1 July 2025: Chief Operating Officer is Ruben Fernandes; Chief Legal & Corporate Affairs Officer is Richard Price; Chief People & Organisation Officer is Monique Carter; Chief Projects & Development Officer is Alison Atkinson; Chief Strategy & Sustainability Officer is Helena Nonka; Chief Technical Officer is Tom McCulley. Themba Mkhwanazi, currently Regional Director Africa and Australia, will step down at the end of June having overseen the successful demerger of Valterra Platinum. Aankondiging • Apr 30
De Beers-Investor Botswana Says Serious Buyers Showing Interest Botswana’s government (Botswana) said it’s optimistic that Anglo American plc (LSE:AAL) will find a buyer for its diamond unit De Beers (De Beers SA) this year. “We are very confident that partners are coming forward,” Botswana Vice President Ndaba Gaolathe said in an interview in Washington, without identifying prospective investors. “Some are countries, some are funds, some are companies that have a deep interest. I’m comfortable, I’m confident that we are on the right track.” Botswana owns 15% of De Beers, which sources the bulk of its diamonds from the southern African nation. Anglo owns the rest and is looking to offload the stake following a slump in prices for natural diamonds, partly a result of the rising popularity of lab-grown stones. Anglo wrote down the value of De Beers for a second time in February, to about $4.1 billion. The London-listed company said it aims to exit De Beers — either via a trade sale or a listing — in the second half of 2025. Botswana, which depends on diamonds for the majority of its exports and about one-third of government revenue, has a decades-long partnership with De Beers. They signed a 10-year deal in February to fund a marketing campaign to resuscitate demand for natural diamonds. Gaolathe, who also serves as Botswana’s finance minister, said the country should have a say over whoever takes on Anglo’s 85% stake. The country, he said, wanted them to have “deep pockets” and be in the diamond industry for the long haul. “We are looking for partners that are not coming into it for the quick buck,” he said. “Whoever wants to take over the Anglo shares, it’s not just the takeover of shares. It’s actually the consummation of a relationship with the government of Botswana. And I want to impress upon you, we take relationships very seriously.” It’s possible, he said, that Botswana looks to increase its De Beers stake to as much as 50%. “We’re definitely not going lower than 15%,” he said. The vice president, who was in the US attending the International Monetary Fund-World Bank Spring Meetings, also said higher American tariffs on diamond imports would backfire. “The US does not have diamonds,” he said. “But the US has been able to create an entire diamond sector, a jewelry sector. It’s large, it creates jobs for Americans. So the US has benefited from Botswana diamonds and a sudden pushback on Botswana diamonds will and can hurt the US more than it imagines”. Aankondiging • Feb 20
Anglo American plc Proposes Final Dividend for the Year to 31 December 2024, Payable on 07 May 2025 The Board of Anglo American plc has proposed a final dividend of 40% of second half underlying earnings, equal to $0.22 per share for the year to 31 December 2024 (2023: $0.41 per share), equivalent to $0.3 billion (2023: $0.5 billion). Ex-dividend on the JSE from the commencement of trading is 12 March 2025. Record date (applicable to both the principal register and branch registers) is 14 March 2025. Payment date of dividend is 07 May 2025. Ex-dividend on the Botswana Stock Exchange (BSE) from the commencement of trading is 12 March 2025 and Ex-dividend on the London Stock Exchange from the commencement of trading is 13 March 2025. Aankondiging • Feb 06
Anglo American plc Provides Production Guidance for the Year 2025, 2026 and 2027 Anglo American plc provided production guidance for the year 2025, 2026 and 2027. For the year 2025, the company's Copper production is expected to 690kt - 750 kt, Nickel production is expected to 37 kt - 39kt(previously 35kt -37kt), Platinum Group Metals production is expected to 3.0 Moz - 3.4 Moz, diamonds production is expected to 20 Mct - 23 Mct (previously 30 Mct to 33 Mct), Iron Ore production is expected to 57 Mt - 61 Mt, Steelmaking Coal production is expected to 10 Mt - 12 Mt (previously 17-19Mt).
For the year 2026, the company's Copper production is expected to 760 kt - 820 kt, Nickel production is expected to 37 kt - 39kt(previously 35kt -37kt), Platinum Group Metals production is expected to 3.0 Moz - 3.4 Moz, diamonds production is expected to 26 Mct - 29 Mct (previously 32 Mct to 35 Mct), Iron Ore production is expected to 54 Mt - 58 Mt.
For the year 2027, the company's Copper production is expected to 760 kt - 820 kt, Nickel production is expected to 36 kt – 38 kt, Platinum Group Metals production is expected to 3.0 Moz - 3.5 Moz, diamonds production is expected to 28 Mct - 31 Mct, Iron Ore production is expected to 59 Mt - 63 Mt. Aankondiging • Jan 30
Zashvin Pty. Ltd. completed the acquisition of an additional 33.30% stake in Jellinbah Group Pty Ltd from Anglo American plc (LSE:AAL). Zashvin Pty. Ltd. agreed to acquire an additional 33.30% stake in Jellinbah Group Pty Ltd from Anglo American plc (LSE:AAL) for AUD 1.6 billion on November 4, 2024. A cash consideration of AUD 1.6 billion will be paid by Zashvin Pty. Ltd. As part of consideration, AUD 1.6 billion is paid towards common equity of Jellinbah Group Pty Ltd. Upon completion, Zashvin Pty. Ltd. will own 66.60% stake in Jellinbah Group Pty Ltd.
The transaction is subject to approval by regulatory board / committee and is expected to complete in the second quarter of 2025.
Morgan Stanley acted as the financial advisor to Anglo American. Corrs Chambers Westgarth acted as legal advisor to Zashvin Pty Ltd. The Corrs Chambers Westgarth was led by transaction partner Alexandra Feros and Zashvin relationship partner Joshua Paffey, and supported by partners James Morley, Franka Cheung, Cameron Blackwood, Jennee Chan, Anna White and Ian Reynolds.
Zashvin Pty. Ltd. completed the acquisition of an additional 33.30% stake in Jellinbah Group Pty Ltd from Anglo American plc (LSE:AAL) on January 29, 2025. Aankondiging • Dec 25
Anglo American plc, Annual General Meeting, Apr 30, 2025 Anglo American plc, Annual General Meeting, Apr 30, 2025. Aankondiging • Dec 10
Anglo American plc Announces Appointment of Anne Wade as Non-Executive Director and A Member of Its Board Audit and Sustainability Committees, Effective 1 January 2025 Anglo American plc announced Anne Wade will join its Board as a non-executive director and a member of its Board Audit and Sustainability committees, with effect from 1 January 2025. Anne Wade is chair of Man Group plc, the London listed investment management group, and is a non-executive director of Summit Materials Inc., the New York listed infrastructure materials company. Anne spent the majority of her career in the asset management industry, largely with Capital Group focused on infrastructure investment. In her non-executive career, Anne has formerly served on the boards of Holcim Ltd. and John Laing Group plc. Aankondiging • Dec 03
Vale S.A. (BOVESPA:VALE3) acquired 15% stake in Minas-Rio of Vale S.A. from Anglo American plc (LSE:AAL). Vale S.A. (BOVESPA:VALE3) agreed to acquire 15% stake in Minas-Rio of Vale S.A. from Anglo American plc (LSE:AAL) on February 22, 2024. Under the Transaction’s terms, Vale will contribute Serpentina and $157.5 million in cash to acquire a 15% shareholding in the enlarged Minas-Rio, subject to normal completion adjustments. Vale will also have an option to acquire an additional 15% shareholding in the enlarged Minas-Rio for cash (at fair value calculated at the time of exercise of the option), if and when certain events relating to a future expansion occur. Additionally, depending on the future iron ore prices, there may be an adjustment in the transaction price and the fair value adjustments of this mechanism will be recognized in the Company's income statements accordingly. Upon completion of the transaction, Anglo American Brasil will be an associate of Vale and the investment will be accounted for under the equity method. The combination of Minas-Rio with the scale and quality of the Serpentina endowment also offers considerable expansion opportunities, including the potential to double production towards 60Mtpa. The Transaction is subject to regulatory conditions and is expected to complete in Q4 2024. Rory O'Halloran, Lara Aryani, Cynthia Urda Kassis, Maegen Morrison and Nick Withers of Shearman & Sterling LLP acted as legal advisor to Anglo American plc (LSE:AAL). Morgan Stanley acted as the financial advisor to Anglo American.
Vale S.A. (BOVESPA:VALE3)completed the acquisition of 15% stake in Minas-Rio of Vale S.A. from Anglo American plc (LSE:AAL) on December 2, 2024. Anglo American will continue to control, manage and operate Minas-Rio, including any future expansion. Aankondiging • Nov 14
159 Plaintiffs Sue Cape, Anglo American, De Beer Group PLC, and ESAB Corp More than 150 plaintiffs have filed suit against Cape, PLC, its subsidiaries and global affiliates including Anglo American, De Beer Group PLC, and ESAB Corp., which imported and distributed carcinogenic asbestos in the United States for decades. The mass action lawsuit alleges that Cape and its subsidiaries are liable for diseases caused by asbestos exposure suffered by residents of the state and beyond. It includes plaintiffs suffering from asbestos-related illnesses, including mesothelioma and lung cancer, as well as the families of those who have died from exposure to the deadly carcinogen. According to the lawsuit, Cape led efforts in the U.S. to hide from consumers and its own employees the risks that it knew existed from the South African asbestos it processed. When asbestos-related lawsuits began surfacing in the 1970s, Cape took measures to shield itself from legal action by creating new entities and then fleeing the U.S. The lawsuit details how Cape set up an elaborate structure of affiliated companies in South Africa, the United Kingdom and the United States to avoid financial responsibility for the harm it knew it was causing. Since those companies and their insurers have failed to respond to lawsuits brought on behalf of those injured or killed by asbestos-related diseases, a South Carolina court has appointed a receiver to respond on their behalf. The case is Augustus A. Adams et al. v Cape PLC et al., No. 2024-CP-40-06639 in the Court of Common Pleas, County of Richland for the Fifth Judicial Circuit. Aankondiging • Nov 04
Zashvin Pty. Ltd. agreed to acquire an additional 33.30% stake in Jellinbah Group Pty Ltd from Anglo American plc (LSE:AAL) for AUD 1.6 billion. Zashvin Pty. Ltd. agreed to acquire an additional 33.30% stake in Jellinbah Group Pty Ltd from Anglo American plc (LSE:AAL) for AUD 1.6 billion on November 4, 2024. A cash consideration of AUD 1.6 billion will be paid by Zashvin Pty. Ltd. As part of consideration, AUD 1.6 billion is paid towards common equity of Jellinbah Group Pty Ltd. Upon completion, Zashvin Pty. Ltd. will own 66.60% stake in Jellinbah Group Pty Ltd.
The transaction is subject to approval by regulatory board / committee and is expected to complete in the second quarter of 2025. Aankondiging • Nov 01
Yancoal Reportedly Primed to Snap Up Anglo Coal Portfolio Speculation is mounting that Glencore plc (LSE:GLEN) is betting on a break-up play for the Anglo American plc (LSE:AAL) coal portfolio, and that it may only be bidding for some of the assets within the USD 3 billion offering. Should that be the case, it further cements Yancoal Australia Ltd. (ASX:YAL)'s position as the leader in the race. DataRoom understands that the China-controlled but Australian-listed Yancoal has already gained approval from the Chinese government to buy the assets and has 15 banks lined up and approved to provide funding. Other suitors are a Stanmore Resources Limited (ASX:SMR) Coal-led consortium, which could face challenges in getting all its bidding partners to agree on price, and Peabody Energy Corporation (NYSE:BTU), seen as an outside chance. Goldman Sachs and Morgan Stanley are working on the sale. One of the assets Glencore is probably keen to side step is the Grosvenor Mine 1,000km northwest of Brisbane that has been hit by closures due to a fire. Bids are due next week. Should the portfolio be split up, the major players could pick up Moranbah North and Grosvenor, Jellinbah could go to co-owners, while others take Capcoal and Dawson. It is understood existing shareholders and lenders have tipped in funds for the deal, to be announced on 01 November 2024. Aankondiging • Oct 24
Anglo American plc Revises Production Guidance for Year 2024 Anglo American plc revised production guidance for Year 2024. For the period, the company expects to produce Copper of 730 kt - 790 kt, Platinum Group Metals production is expected to 3.3 Moz - 3.7 Moz, diamonds production is expected to 23 Mct - 26 Mct, Iron Ore production is expected to 58 Mt - 62 Mt, Steelmaking Coal production is expected to 14 Mt - 15.5 Mt. The company now expects nickel production of 38 kt -39 kt against a previous guidance of 36 kt- 39 kt. Aankondiging • Aug 09
Arc Minerals Limited and Anglo American's Joint Venture Commence Zambia Drilling Arc Minerals Limited announced that, further to its announcement of 2 May 2024 and following the completion of an extensive ground mapping exercise over its Zambian tenements, the Anglo American/Arc joint venture has commenced drilling. A number of holes are planned at Cheyeza following which the Muswema target will be drilled. Further details on the drilling programme will be announced as the drilling progresses. Aankondiging • Jul 25
Anglo American plc Announces an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 27 September 2024 Anglo American plc announced an interim dividend for the six months ended 30 June 2024 of $0.42 per share compared to $0.55 per share a year ago. Ex-dividend on the JSE from the commencement of trading date is 14 August 2024. Record date (applicable to both the principal register and branch registers) is 16 August 2024. Payment date of dividend is 27 September 2024. Aankondiging • Jul 18
Anglo American plc Provides Production Guidance for Year 2024 Anglo American plc provided production guidance for year 2024. For the year, the company's Copper production is expected to 730 kt - 790 kt, Nickel production is expected to 36 kt - 38 kt, Platinum Group Metals production is expected to 3.3 Moz - 3.7 Moz, diamonds production is expected to 26 Mct - 29 Mct, Iron Ore production is expected to 58 Mt - 62 Mt, Steelmaking Coal production is expected to 14 Mt - 15.5 Mt (previously 15-17 Mt). Aankondiging • Jul 01
Anglo American Suspends Production At Grosvenor in Queensland, Australia Due to Underground Coal Gas Ignition Incident Anglo American has suspended production at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition incident on 29 June 2024. All emergency protocols were followed and the workforce was safely evacuated from the mine without injury. The mine team is working with specialist teams from the Queensland Mines Rescue Service and the regulatory authorities to extinguish the underground fire, prior to being able to assess the steps towards a safe re-entry into the mine. These procedures are expected to take several months as a result of the likely damage underground. Anglo American's steelmaking coal business expects to produce c.8 million tonnes of product in the first half of 2024, of which Grosvenor will contribute c.2.3 million tonnes. For 2024 as a whole, production guidance for the steelmaking coal business is 15 to 17 million tonnes, of which Grosvenor was expected to contribute c.3.5 million tonnes, representing lower production in the second half of the year due to a planned longwall move. An update to steelmaking coal production guidance will be provided once more information is available. Aankondiging • May 30
BHP Wants Extension for Anglo American Takeover Talks Mining giant BHP Group Limited (ASX: BHP) has urged takeover target Anglo American plc (LSE:AAL) to extend its deadline as talks continue between the two rivals. The companies have been in talks over a deal worth almost £39 billion since May 22 amid efforts to agree on the structure for a potential takeover. Australia’s BHP faces a deadline of 5pm on 29 May 2024 to make a firm offer or walk away from takeover talks. The mining firm said it had put forward a number of “socioeconomic measures” in a bid to ease concerns over its bid and called for more time to discuss this with Anglo American. BHP’s three takeover approaches all had a requirement for its rival to spin off its South African operations, resulting in heavy criticism from the government in Pretoria. Anglo American also opposed this. In a statement on 29 May 2024, BHP said: “BHP believes that the proposed measures it has put forward provide substantial risk protection for Anglo American shareholders and supplement the significant value uplift that Anglo American shareholders will receive from the potential combination. “BHP believes a further extension of the deadline is required to allow for further engagement on its proposal. “This announcement does not amount to a firm intention to make an offer and there can be no certainty that an offer will be made.” A mega-merger between the two companies would create the biggest copper miner in the world, with 10% of global output. Anglo American’s vast reserves of copper are a key driver of the interest in the business, as the mineral is an important building block for low-carbon technologies such as solar farms and electric cars. Earlier this month, Anglo American announced plans to break up major parts of the business and heavily slow down its development of a £7 billion North Yorkshire fertiliser mine. Aankondiging • May 14
BHP Group Limited (ASX:BHP) cancelled the acquisition of Anglo American plc (LSE:AAL) from Tarl Investment Holdings, Ltd., Epoch Investment Holdings Limited and Epoch Two Investment Holdings Limited. BHP Group Limited (ASX:BHP) offered an unsolicited, non-binding and highly conditional combination proposal to acquire Anglo American plc (LSE:AAL) from Tarl Investment Holdings, Ltd., Epoch Investment Holdings Limited and Epoch Two Investment Holdings Limited for £22.5 billion on April 16, 2024. Under the terms of the Proposal, ordinary shareholders of Anglo American would receive 0.7097 BHP shares for each ordinary share in Anglo American; and ordinary shares in Anglo Platinum and Kumba (which would be distributed by Anglo American to its shareholders in direct proportion to each shareholder's effective interest in Anglo Platinum and Kumba). The proposal comprises an all-share offer for Anglo American by BHP and would be preceded by separate demergers by Anglo American of its entire shareholdings in Anglo American Platinum Limited and Kumba Iron Ore Limited to Anglo American shareholders. The two parts of the proposal would be inter-conditional. The Board is currently reviewing this proposal with its advisers. An offer period has now commenced not later than 5.00 p.m. until May 22, 2024, either the BHP announce a firm intention to make an offer for Anglo American. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. There can be no certainty that any offer will be made nor as to the terms on which any such offer might be made. The Proposal is non-binding and subject to customary conditions including completion of due diligence to the satisfaction of BHP. Anglo American has been offered reciprocal due diligence on BHP.
James Hartop, Edward Rowe and Fiona McHardy of Centerview Partners UK LLP; Mark Sorrell, David Hammond and Bertie Whitehead of Goldman Sachs International; and Simon Smith, Anthony Zammit and Tom Perry of Morgan Stanley & Co. International plc acted as Financial Adviser; and Linklaters LLP is retained as legal adviser to Anglo American. UBS, Barclays acted as financial advisor to BHP.
BHP Group Limited (ASX:BHP) cancelled the acquisition of Anglo American plc (LSE:AAL) from Tarl Investment Holdings, Ltd., Epoch Investment Holdings Limited and Epoch Two Investment Holdings Limited on May 13, 2024. On April 26, 2024, Anglo American board has considered the Proposal with its advisers and concluded that the Proposal significantly undervalues Anglo American and its future prospects, while significantly diluting the relative value upside participation of Anglo American's shareholders relative to BHP's shareholders. In addition, the Proposal contemplates a structure which the Board believes is highly unattractive for Anglo American's shareholders, given the uncertainty and complexity inherent in the Proposal, and significant execution risks. The Board has therefore unanimously rejected the Proposal. As of May 7, 2024, BHP Group Limited made a revised proposal regarding a potential combination to be effected by way of a scheme of arrangement. Under the Revised Proposal, BHP has increased the number of BHP shares that would be received by Anglo American shareholders. Under the terms of the Revised Proposal, ordinary shareholders of Anglo American would receive: 0.8132 BHP shares for each ordinary share they own in Anglo American (BHP Share Consideration) and rdinary shares in each of Anglo American Platinum Limited and of Kumba Iron Ore Limited (distributed by Anglo American to its shareholders in direct proportion to Anglo American shareholders' effective interest in Anglo American Platinum Limited and Kumba Iron Ore Limited), which represents Anglo American shareholders owning, in aggregate, approximately 16.6% of the combined BHP and Anglo American group on completion of the potential combination. As of May 13, 2024, the Revised Proposal was also rejected by the Anglo American Board as the Board considered the Latest Proposal with its advisers and concluded that it continues to significantly undervalue Anglo American and its future prospects. Anglo American shareholders are advised to take no action in relation to this matter. A further announcement will be made as and when appropriate. There can be no certainty that any firm offer will be made. Aankondiging • Apr 26
BHP Group Limited (ASX:BHP) offered an unsolicited, non-binding and highly conditional combination proposal to acquire Anglo American plc (LSE:AAL) from Tarl Investment Holdings, Ltd., Epoch Investment Holdings Limited and Epoch Two Investment Holdings Limited for £20.5 billion. BHP Group Limited (ASX:BHP) offered an unsolicited, non-binding and highly conditional combination proposal to acquire Anglo American plc (LSE:AAL) from Tarl Investment Holdings, Ltd., Epoch Investment Holdings Limited and Epoch Two Investment Holdings Limited for £20.5 billion on April 16, 2024. Under the terms of the Proposal, ordinary shareholders of Anglo American would receive 0.7097 BHP shares for each ordinary share in Anglo American; and ordinary shares in Anglo Platinum and Kumba (which would be distributed by Anglo American to its shareholders in direct proportion to each shareholder's effective interest in Anglo Platinum and Kumba). The proposal comprises an all-share offer for Anglo American by BHP and would be preceded by separate demergers by Anglo American of its entire shareholdings in Anglo American Platinum Limited and Kumba Iron Ore Limited to Anglo American shareholders. The two parts of the proposal would be inter-conditional. The Board is currently reviewing this proposal with its advisers. An offer period has now commenced not later than 5.00 p.m. until May 22, 2024, either the BHP announce a firm intention to make an offer for Anglo American. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. There can be no certainty that any offer will be made nor as to the terms on which any such offer might be made. The Proposal is non-binding and subject to customary conditions including completion of due diligence to the satisfaction of BHP. Anglo American has been offered reciprocal due diligence on BHP.
James Hartop, Edward Rowe and Fiona McHardy of Centerview Partners UK LLP; Mark Sorrell, David Hammond and Bertie Whitehead of Goldman Sachs International; and Simon Smith, Anthony Zammit and Tom Perry of Morgan Stanley & Co. International plc acted as Financial Adviser; and Linklaters LLP is retained as legal adviser to Anglo American. UBS, Barclays acted as financial advisor to BHP.