Anglo American

What Anglo American does

Anglo American plc is a London-headquartered, FTSE 100-listed global mining company founded in 1917 in South Africa by Sir Ernest Oppenheimer. The company operates a diversified multi-commodity portfolio with primary focus on Copper (Chile: Los Bronces, Collahuasi; Peru: Quellaveco), Premium Iron Ore (Brazil: Minas-Rio; South Africa: Kumba), and Crop Nutrients (UK: Woodsmith polyhalite project), alongside secondary businesses in Nickel, Diamonds (via 85%-owned De Beers Group), and Manganese. The company is currently exiting Steelmaking Coal via sale to Dhilmar Limited ($3.875 billion, May 2026) and divesting De Beers. Underlying EBITDA was $6.4 billion in 2025 with a 49% EBITDA margin in Copper; $1.8 billion in cost savings were achieved during the year. The company coordinates global shipping of over 70 million tonnes of raw materials annually.

Anglo American's business model is B2B commodity sales through a direct Marketing business that builds long-term commercial relationships with industrial customers across construction/infrastructure, automotive (EV manufacturers), renewable energy, agriculture, and stainless steel sectors. Pricing is set by global market forces (e.g., LME for copper) rather than company-controlled pricing. The FutureSmart Mining™ innovation programme integrates proprietary technologies including Valutrax™ digital traceability, TraxIQ autonomous material handling, the patented Vertimill thermographic monitoring method, satellite-based AI mineral exploration, mobile gas detection drones, and nuGen hydrogen fuel cell haulage systems.

The company is undergoing its most significant restructuring in decades: a $53 billion merger of equals with Teck Resources to form Anglo Teck (closing September 2026 - March 2027) will create a top-five global copper producer with over 70% copper exposure, $800 million annual synergies, and $1.4 billion EBITDA uplift. The combined entity will be headquartered in Canada with primary listing in London. Concurrent strategic moves include the Codelco joint venture for Los Bronces-Andina (adding 2.7 million tonnes of copper over 21 years and $5 billion+ in shared value), ongoing Brazilian nickel divestiture to MMG, and the De Beers exit. Anglo American holds primary listing on LSE (AAL), secondary on JSE, with secondary operational hubs in Johannesburg, Santiago, Belo Horizonte, and Lima.

Name

Anglo American

Legal name

Anglo American plc

Website

https://angloamerican.com

Company type

Public

Founded year

1917

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Anglo American plc is a London-headquartered FTSE 100 global mining company producing copper, premium iron ore, crop nutrients, nickel, diamonds, and manganese, serving industrial customers across construction, automotive, renewable energy, agriculture, and stainless steel sectors.

Ownership category

akta.pro rank

Product category

Diversified Mining

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Iron Ore Mining (212210), Other Metal Ore Mining (212290)

SIC

Metal Mining (1000), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Industrial Salt Mining (Rock Salt, Brine) (IMAKAGAG), Battery & Critical Minerals Trading (Lithium, Cobalt, Graphite, Manganese, Rare Earths) (IMAKAJAE)

Keywords

• Copper mining
• Iron ore production
• Crop nutrients
• Diamond mining
• Platinum group metals

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Commodity Sales - Copper: Revenue from copper production and sales. Copper is the primary focus of the company's strategy, with world-class assets in Chile (Los Bronces, Collahuasi) and Peru (Quellaveco). Generated $6.4 billion EBITDA in 2025 with 49% copper margin.
2. Commodity Sales - Premium Iron Ore: Revenue from iron ore production through Minas-Rio in Brazil and Kumba Iron Ore in South Africa. Iron ore is needed for train tracks, infrastructure, and various industrial applications.
3. Commodity Sales - Crop Nutrients: Revenue from polyhalite fertilizer (POLY4) production from the Woodsmith project in North Yorkshire, UK, targeting global agricultural markets.
4. Commodity Sales - Nickel and Manganese: Revenue from nickel (used in stainless steel) and manganese production. Nickel operations include Barro Alto in Brazil.
5. Diamond Sales (De Beers): Revenue from diamond mining through De Beers Group, including operations in Botswana, Namibia, South Africa, and Canada. De Beers is being divested as part of portfolio restructuring.
6. Steelmaking Coal Sales (Divested): Revenue from Australian steelmaking coal mines, sold to Dhilmar Limited for up to $3.875 billion in May 2026 as part of portfolio exit from coal.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Anglo American is a global diversified mining company that produces and sells copper, premium iron ore, crop nutrients (polyhalite/POLY4), nickel, manganese, and diamonds (through De Beers). The company operates long-life mining assets in Chile, Peru, Brazil, South Africa, and other geographies, and complements its commodity production with proprietary mining technologies such as Valutrax™ digital traceability, TraxIQ material handling, and hydrogen-powered haulage (nuGen) under its FutureSmart Mining™ programme.

Product overview

Anglo American is a leading global mining company focused on responsible production of future-enabling metals and minerals. The company operates a multi-commodity portfolio comprising core products (Copper, Premium Iron Ore, Crop Nutrients/POLY4, Nickel, Diamonds via De Beers, Manganese) and projects under development (Sakatti copper-nickel-PGM in Finland, Woodsmith polyhalite mine in UK). The portfolio is being simplified through divestments (Steelmaking Coal sold to Dhilmar, Nickel business being sold to MMG) and the pending merger with Teck Resources to form 'Anglo Teck'. Technology offerings include Valutrax™ digital traceability platform, TraxIQ intelligent material handling system, mobile gas detection drones, and hydrogen-powered haul truck technology (nuGen). The company leverages FutureSmart Mining™ innovation programme combining automation, digitisation and sustainability across operations. Financial metrics include $6.4 billion EBITDA and $1.8 billion cost savings achieved in 2025.

Differentiator

Problem solved

Functional benefit

Brands

• De Beers Group: Diamond mining and retail subsidiary of Anglo American
• Kumba Iron Ore
• FutureSmart Mining
• Valutrax
• POLY4

Products and services

• Copper Copper concentrate and cathode for electrical applications, renewable energy infrastructure, electric vehicles, and urban development. Produced from world-class assets including Los Bronces and Collahuasi in Chile and Quellaveco in Peru.
• Premium Iron Ore High-quality iron ore for steel production, sourced from the Minas-Rio operation in Brazil (featuring the world's longest slurry pipeline at 529km) and the Kumba Iron Ore operations in South Africa. Used in infrastructure, construction, and industrial applications.
• Crop Nutrients (POLY4)

Quantifiable outcome

• 49% EBITDA margin in Copper business (2025)
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability14 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Dhilmar LimitedminorChannel Partner/ Reseller/ Distributor · 18 May 2026Buyer of Anglo American's Australian steelmaking coal assets for up to $3.875 billion. UK-based miner acquiring five steelmaking coal mines in central Queensland's Bowen Basin including interests in Moranbah North, Grosvenor, Capcoal, Roper Creek, Dawson South, and Theodore South joint ventures.
• STRACON GroupminorStrategic or Co-development Partner · 15 May 2026STRACON Group delivering Pérez Caldera infrastructure project for tailings management at Anglo American's Los Bronces copper operation in Chile. $376 million non-recourse project financing completed, with STRACON providing parent company guarantee of up to $85 million.
• Fluor CorporationminorImplementation/ SI/ Consulting Partner · 7 May 2026Selected to perform feasibility study services for Anglo American's Woodsmith mining project in North Yorkshire, England. Contract value recognised in Q2 2026.
• Council for GeosciencesminorStrategic or Co-development Partner · 2 May 2026Partnership with Council for Geosciences and Anglo American on R400 million Junior Mining Exploration Fund launched in 2024 to expand exploration in battery storage and green economy value chains.
• EDF Renewables (Envusa Energy JV)minorStrategic or Co-development Partner · 31 March 2026Envusa Energy joint venture between Anglo American and EDF Renewables developing the 240 MW Mooi Plaats solar plant in South Africa, the country's largest single-site solar project, to supply clean power to Anglo American's mining operations under a 20-year agreement.
• Chile's National Economic Prosecutor's OfficeminorOthers · 27 March 2026Chile's antitrust regulator approved the Codelco-Anglo American joint mining partnership for Andina-Los Bronces copper mines.
• Government of CanadaminorOthers · 15 December 2025Canadian government, through Industry Minister Melanie Joly, approved the merger between Teck Resources and Anglo American, referred to as a 'merger of equals' creating Anglo Teck with headquarters in Vancouver.
• CodelcocoreStrategic or Co-development Partner · 1 September 2025Joint mine plan partnership integrating development of Los Bronces and Andina copper mines in Chile. Expected to add 2.7 million tonnes of copper production over 21 years (120,000 tonnes annually), generating at least $5 billion in shared value. Implementation expected by 2030 pending environmental approvals. Creates one of the world's five biggest copper assets.
• Teck ResourcescoreStrategic or Co-development Partner · 1 September 2025Merger of equals to create Anglo Teck, a global critical minerals leader. Valued at approximately $53 billion, creating top-five global copper producer with over 70% copper exposure. Expected to close September 2026 - March 2027. Combined entity to deliver $800 million annual pre-tax synergies and $1.4 billion EBITDA uplift. Anglo holds 62.4%, Teck 37.6%, with headquarters in Canada and primary listing in London.
• SasolminorStrategic or Co-development Partner · 1 February 2025Partnership to explore vegetable oil-based feedstocks for renewable diesel production in South Africa, supporting decarbonisation of mining operations.

Scale indicators20 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• BHP Group: BHP is the world's largest diversified mining company with significant copper, iron ore, and critical minerals exposure. It is the most directly comparable major to Anglo American given its scale, diversified commodity portfolio, and overlapping operations in Chile and Australia.
• Rio Tinto: Rio Tinto is a global mining leader with major copper (including the Oyu Tolgoi and Resolution projects) and iron ore operations. Anglo American's Helena Nonka previously held senior strategy roles at Rio Tinto, underscoring the close peer dynamic across diversified mining portfolios.
• Glencore: Glencore is a major diversified miner and commodity trader with significant copper, zinc, and nickel operations. It is a broad incumbent peer given its scale in base metals comparable to Anglo American's copper and nickel portfolio.
• Vale: Vale is the world's largest iron ore producer with operations in Brazil alongside Anglo American's Minas-Rio and Kumba assets. Several Anglo American executives (Ruben Fernandes, Marcelo Bastos) previously held senior roles at Vale, making it a directly comparable iron ore peer.
• South32: South32 was spun off from BHP in 2015 and operates diversified mining assets including manganese, alumina, and base metals. It is a broad incumbent peer given its diversified commodity exposure, comparable manganese operations to Anglo American's, and similar FTSE-listing profile.

Direct peers

• Teck Resources: Teck Resources is the merger partner to form Anglo Teck and a leading copper producer with major operations in the Americas. It is a direct peer given its copper focus, comparable asset base in Chile and Peru, and the proposed 37.6% ownership Teck shareholders will hold in the combined entity.
• Freeport-McMoRan: Freeport-McMoRan is one of the world's largest copper producers with major operations in the Americas and Indonesia. It is a direct peer given its pure-play copper exposure and comparable position in the global copper supply landscape alongside Anglo American's Chile and Peru assets.
• First Quantum Minerals: First Quantum Minerals is a copper-focused miner with major operations including Cobre Panamá and Zambian copper assets. It is a direct peer given its copper-centric portfolio and exposure to similar operating geographies as Anglo American's copper business.
• MMG Limited: MMG is a mid-tier copper and zinc miner that is acquiring Anglo American's Brazilian nickel portfolio. Marcelo Bastos, Anglo American's Independent Non-executive Director, previously served as COO of MMG, and the two companies have an active transactional relationship.
• Codelco: Codelco is Chile's state-owned copper mining company and the world's largest copper producer. It is both a direct competitor and Anglo American's joint venture partner for the Los Bronces-Andina partnership, making it a uniquely comparable peer across both competitive and partnership dimensions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/angloamerican
• YouTubeyoutube.com/user/angloamerican
• Facebookfacebook.com/angloamerican
• LinkedInlinkedin.com/company/anglo-american
• Instagraminstagram.com/angloamericanplc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments23 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anglo American