Advertisement

Company to exit coal assets 'at the right time'

Mark Cutifani, CEO of Anglo American in a file photo. , REUTERS/Mark Wessels
Mark Cutifani, CEO of Anglo American in a file photo. , REUTERS/Mark Wessels
"Yes at the right time, for the right value," he told reporters in a conference call after Anglo reported a 55 percent drop in underlying core profit, or EBIT.
Advertisement

Anglo American plans to completely exit its coal business, Chief Executive Mark Cutifani said on Tuesday as part of strategic changes to cope with a global commodities rout.

Advertisement