[miningmx.com] – ANGLO American was hoping listed subsidiary, Kumba Iron Ore, would be able to improve its performance if the UK miner was to achieve a net debt target of $14bn in its next financial year.
“If we want to turn around at a net debt of $14bn, we would have to correct issues at Kumba very quickly. There is work to be done at Kumba – it will be difficult, ” Cutifani told Sake24.
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