Anglo American PLC to Demerge South Africa Thermal Coal Operations Call Transcript

Apr 08, 2021 / 08:00AM GMT
Mark Cutifani - Anglo American plc - CEO & Director

Good morning, and welcome, everyone. As most of you know, Anglo American has been on a long transformation journey, which includes a clear tilt towards future-enabling products. I believe today's announcement and our intention to demerge the South African thermal coal assets into a separately listed business marks another positive step in this transformation journey. However, before I say anymore, I would ask you to look at your cautionary statement. Obviously, today, statement has a little more relevance. And the lawyers would like me to remind you that today's presentation is only intended as a summary. And there's no replacement for the Anglo American circular issued early today, and that's where I'll leave that conversation.

Onto the agenda, let me introduce the team that will be presenting. Myself, obviously; July Ndlovu, CEO; and Deon Smith, the CFO, for Thungela Resources. And on the flow of the conversation, I'll recap the journey that we've been on before handing over to July and Deon, who will give you more detail on the South

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot