ANGLO AMERICAN PLC ORD USD0.623

Anglo American mines and sells copper, premium iron ore, and crop nutrients globally, with additional operations in nickel, diamonds, steelmaking coal, and manganese ore [Company Overview]. The company operates through two main segments: Premium Iron Ore and Copper [Company Overview]. Founded in 1917 and headquartered in London, it serves industrial customers worldwide [Company Overview].

Anglo American is a UK-based global mining company with 26,400 employees, focusing on copper, premium iron ore, and crop nutrients [Company Overview]. The company is in the midst of a major portfolio reshaping — it announced the sale of its Australian steelmaking coal mines for up to $3.875 billion [Seeking Alpha] and is working toward a planned merger with Teck Resources [Seeking Alpha]. Despite strong revenue growth (+17.5% year-over-year), the company posted a negative net margin of -20.2% and negative free cash flow [Yahoo Finance], signaling near-term financial pressure.

Revenues are growing strongly, but the company is currently unprofitable and burning cash.