October 21, 2026 - Anglo American’s steelmaking coal production rose 53 percent to 2.9 million tonnes in the third quarter, driven primarily by the ramp-up of longwall production at Moranbah North.

The increase comes as the company progresses the sale of its Australian steelmaking coal business.

“The sale of our steelmaking coal business in Australia to Dhilmar for up to $3.875 billion in cash is on track to complete by the first quarter of 2027,” Anglo American chief executive officer Duncan Wanblad said.

Across the wider business, copper production fell five per cent to 174,900 tonnes, reflecting unprecedented weather events in Chile and the processing of lower-grade stockpile ore at Collahuasi.

Quellaveco production increased from the second quarter as ore grades improved, while record snowfall and related unplanned maintenance affected Chilean operations.

“Operational performance was resilient across the business, continuing our momentum from the first half of the year despite extreme winter weather in Chile,” Wanblad said.

“We are on track to meet our 2026 guidance, supported by the planned improvement in copper ore grades in the fourth quarter.”

Premium iron ore production declined four per cent to 13.8 million tonnes as work to connect Kumba’s first ultra-high-dense-media-separation module offset higher plant availability at Minas-Rio.

Manganese ore output increased six per cent to 1,031,400 tonnes, supported by increased operating levels in Australia and productivity improvements in South Africa.

Strong by-product credits and cost performance prompted Anglo American to lower Copper Peru unit cost guidance to approximately 50 cents per pound, from 65 cents.

Meanwhile, the company’s proposed merger with Teck remains on track for completion by March 2027.

Wanblad said integration planning was advanced, with China’s anti-trust approval the final outstanding regulatory milestone.

Anglo American also continues to progress its nickel sale and a De Beers transaction.