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Origins
Main Content

Delivering exceptional value through portfolio focus and growth

We are delivering accelerated portfolio changes to create a world-class copper, premium iron ore and crop nutrients business – future-enabling products essential for decarbonisation, improving living standards and food security.

Stuart Chambers
 We are in the midst of a major transformation of Anglo American that the Board believes will create a far more resilient and valuable business.

Stuart Chambers Chair

Duncan Wanblad
 We are moving at pace to set up Anglo American as a highly attractive and differentiated investment proposition.

Duncan Wanblad Chief Executive

Case studies

Connected Communities: Peru

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Copper

Sustainably supplying the world with copper

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2025 and beyond

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Hydraulic Dewatered Stacking (HDS)

Progress on Hydraulic Dewatered Stacking (HDS)

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Sakatti: Pioneering sustainable mining in Finland

Sakatti: Pioneering sustainable mining in Finland

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Copper: Connecting the world

Copper: Connecting the world

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Financial performance

In this section you can learn more about our financial performance for 2024.

Revenue
$27.3bn
Underlying EBITDA*
$8.5 bn
Operating profit/(loss)
$(0.2) bn
Underlying earnings per share*
$1.60
Profit/(loss) attributable to equity shareholders
$(3.1) bn
Net debt*
$10.6 bn
Total dividends per share
$0.64
Attributable free cash flow*
$0.5 bn
Group attributable ROCE*
12%

Our strategy

We develop and actively manage a portfolio of high-quality mineral assets, with a focus on operating safely, efficiently and competitively – to reliably serve our customers, deliver sustainably attractive shareholder returns and create wider stakeholder value.

Operational excellence

Operational excellence

Our first and most important priority is achieving operational excellence – and that always starts with our number one value: safety.
We have world-class assets and we continue to improve their performance and competitive positions through operational efficiency and cost discipline.

Portfolio simplification

Portfolio simplification

We are simplifying the structure of our portfolio to unlock its inherent value. A radically simpler business, with strong geographic balance and less complexity in future capital allocation, is expected to deliver sustainable incremental returns through a step change in operational performance, cost reduction and cash flow generation.

Growth

Growth

Anglo American has outstanding growth options, with well-sequenced, value-accretive opportunities in the products that serve the major demand growth trends.

Strategic enablers

Built up over many decades of operating businesses and developing major projects and developed markets, our strategic enablers are integral to delivering the full potential of Anglo American’s portfolio and other growth opportunities that we will secure over time.

Customer solutions

Whether from our portfolio of high-quality and long-life assets or through complementary third-party production, we offer a reliable supply of essential metals and minerals, with a focus on shaping long-term, direct commercial relationships that place the expectations of our customers firmly at the centre of our approach.

Customer solutions

Sustainability and technical competencies

How metals and minerals are produced is becoming ever more important to all stakeholders, from our local communities to the end consumer – and rightly so. FutureSmart Mining™, our integrated approach to sustainability and innovation, is central to our reputation as a responsible mining company, our day-to-day operational performance, and our ability to unlock the growth opportunities, both within our portfolio and others, that we aim to secure over time.

Sustainability and technical competencies

Reputation

Anglo American has a longstanding reputation as a responsible mining company. A strong and positive reputation is a critical enabler to securing and sustaining a licence to operate in any given jurisdiction and across our broad network of stakeholders along the value chain. On an ongoing basis, we recognise the value drivers associated with reputation, ensuring that we deliver on the promises we make to our shareholders, the communities and countries in which we operate, our customers, our employees and society at large.

Reputation

Culture

Anglo American’s high-performance culture is about achieving excellence while aligning with the company’s Purpose and Values. Guided by a strong Leadership Framework, the approach requires leaders to create an environment where colleagues feel empowered and accountable to grow business value for the long term.

Culture

Future demand for metals and minerals

In 2024 we set out an acceleration of our strategy to focus on our world-class asset base and significant value-accretive growth options across copper, premium iron ore and crop nutrients – future-enabling products delivering into three major global trends of decarbonisation, improving living standards and food security.

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