The Conversation (0)
Reuters reported a case study on Anglo American (LSE:AAL) showing problems facing the platinum sector.
Reuters reported a case study on Anglo American (LSE:AAL) showing problems facing the platinum sector.
As quoted in the market news:
Anglo American has made a priority of its struggling platinum business, admitting earlier this year that the world’s largest primary producer is underperforming in the face of soaring costs, imposed safety stoppages and weak demand.
But South Africa’s politics, restive unions and a lacklustre market mean its keenly awaited “operational review” of its Anglo American Platinum unit, due later this year, is more likely to mark an evolution than a revolution — and constitute a case study in the woes holding back a battered industry.