Anglo American cut copper and coal output due to issues but raised iron ore forecast and advanced merger plans.

Anglo American reported a 9% drop in nine-month copper production but maintained its 2025 full-year guidance of 690,000–750,000 tonnes, with third-quarter output up slightly. Iron ore output fell 9% in the quarter due to a planned pipeline inspection at Minas-Rio, but the company raised its full-year outlook to 58–62 million tonnes after the work concluded early. Steelmaking coal production plunged 54% due to a March fire at Moranbah North, prompting Anglo to restart its sales process for the coal business. Manganese and diamond output surged, while nickel production rose modestly. The company continues advancing its merger with Teck and plans to exit steelmaking coal.