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Anglo reports strong fourth-quarter performance at Los Bronces, Minas-Rio

Anglo reports strong fourth-quarter performance at Los Bronces, Minas-Rio

Mark Cutifani

The strong performance recovery in the second half of 2020 continued in the fourth quarter of the year, says diversified miner Anglo American CEO Mark Cutifani.

“As expected, second-half production returned to 95% of 2019 rates, benefiting from strong performances in copper at Los Bronces, in Chile, and in iron-ore at Minas-Rio, in Brazil.

“The recovery was all the more credible given planned maintenance at both the Collahuasi copper and Kumba iron-ore operations and the suspension of operations at the Grosvenor metallurgical coal mine,” he adds.

Copper production increased by 6% as Los Bronces secured access to industrial water for processing, while Collahuasi delivered record production for the 12-month period, which more than offset planned maintenance in the quarter.

Iron-ore production at Minas-Rio in Brazil increased by 5% to a record 6.5-million tonnes for the quarter.

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