Anglo American posts $858 million H1 loss, raises dividend as Teck merger awaits approval
30/07/2026 07:12
Anglo American posts $858 million H1 loss, raises dividend as Teck merger awaits approval LONDON, July 30 (Reuters) - Anglo American AAL.L on Thursday reported a $858 million first-half loss, raised its dividend and said it continued to make progress with a sweeping overhaul of the company and its proposed merger with Teck Resources TECKb.TO.
The restructuring has so far yielded one major completed transaction, the 2025 demerger of its South African platinum business, while exits from coal and nickel and the planned sale of diamonds unit De Beers remain under way. The miner's $53 billion all-stock merger with Teck is awaiting final approval from China.
(Reporting by Clara Denina, Olivia Kumwenda, Editing by Louise Heavens)
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