16:24 - 30.07.2026

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July 30, Fineko/abc.az. Mining giant Anglo American Plc recorded a sharp increase in profit for the 1st half of the year due to record copper prices at global markets.

Company's profit from ongoing activities observed growth by 35% up to $4 billion. This figure includes the results of company's key assets, copper and iron ore deposits, which will form the basis of the business after the restructuring is completed.

Key performance indicators:

• Dividends: On the back of strong results, the company more than tripled its shareholder payout up to 23 pence per share.

• Growth drivers: Copper prices reached historic highs due to supply shortages, explosive demand from the AI sector and logistical disruptions caused by trade tariffs.