South Africa’s Kumba Iron Ore delivers well amid uncertain global trade environment
From miningweekly.com
Anglo American iron-ore company Kumba, which mines in South Africa’s Northern Cape, delivered a solid 2025 performance, marked by an improved realised price, marginal sales growth and disciplined capital allocation. The average free-on-board iron-ore export price of $95 per wet metric tonne achieved was 12% above benchmark.Cost savings in the 12 months to December 31 came to R673-million, taking to R5.1-billion the total since 2024. The before interest, taxes, depreciation and amortisation margin of 46% was up 5% on the previous 41% margin and the quality iron-ore mining and marketing company closed the year with net ...
(full story)