CAPITAL MARKETS

Anglo to scale back production

QUEENSLAND coking coal powerhouse Anglo American will reportedly start slashing production as the prolonged price plunge starts to affect margins across the sector and the market becomes over-supplied.

Lau Caruana
Anglo to scale back production

But the company remains committed to tripling coking coal production by 2020 as part of its long-term plans to expand its operations around Moranbah, Anglo coking coal business chief executive Seamus French...

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