AllAnalyst Report
logoMorningstarNovember 13, 2024

Anglo American plc: Global Miners: Value in Various Commodities, With Commodity Prices Supported by China Stimulus

Symbols
NGLOY
Sector(s)
Basic Materials
Rating
Current Price
$14.25
Fair Value
Economic Moat
Stewardship
Summary

Anglo American's mining portfolio spans many commodities and continents. Like other large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world’s platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith

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