Annual Reporting

Emerging technologies

Technology will play a major role in identifying new mineral deposits, managing costs of production, improving productivity, and minimising the environmental impact of mining.

Our participation across the value chain allows us to apply our innovations in technology and sustainability more widely, looking beyond upstream production to examine other opportunities in the value chains in which we participate. For example, in 2023 we launched ValutraxTM, a proprietary digital traceability solution designed to provide customers with greater assurance about the provenance of the products they purchase.

Geopolitical shifts

The realignment of regional trading blocs and greater socio-political complexity can shift centres of demand, and consequently, the flow of raw materials to them. Trade restrictions and interstate conflict can impact strategically important raw materials, bringing a renewed focus on supply chain resilience and alternative sources of supply.

Our successful track record of developing and operating projects in multiple jurisdictions makes Anglo American a partner of choice for countries looking to develop their natural mineral deposits.

Our Marketing business focuses on providing tailored materials solutions for our customers and, by drawing together our longstanding relationships, market insight and analytics capability, we can respond to demand shifts and redirect flows to fulfil the needs of our customers and stakeholders.

Macro-economics

As the global population grows and as economies develop, so does the need for food supply and infrastructure, resulting in higher demand for crop nutrients, steel and base metals.

Anglo American has a diversified product portfolio, increasingly focused on products that enable lower-carbon economic development and that serve the needs of the expanding global consumer class.