Anglo American Pours Money Into Growth as Buybacks End

  • Anglo took a $900 million writedown on coal mining assets
  • It also reaped profits from iron ore and precious metals
WATCH: CEO Mark Cutifani discusses the company’s investment in Sirius, share buybacks and the impact of coronavirus.(Source: Bloomberg)
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After spending almost $1 billion in buying back shares, Anglo American Plc is changing directions and leaning fully into growth.