Anglo American Takes $1.7 Billion Hit on Giant U.K. Mine

Anglo American Takes $1.7 Billion Hit on Giant U.K. Mine

Anglo American Takes $1.7 Billion Hit on Giant U.K. Mine

March 13, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Anglo American plc (London, England) has taken a writedown of US$1.7 billion in its 2022 full financials as a result of project problems with its U.K. fertilizer mine, Woodsmith.

Within this article: Details financial hit due to U.K. mine project expansion and delays, current state of project, scope, capacity, investment, timescales.

Subscribe Now!(All Fields Required)

Standard Membership - Free