Anglo American Says Demand `Very Strong,' Dismisses Breakup Rumor

The CEO of Anglo American discusses the approval of a new copper mine in Peru, emphasizing financial strategies to avoid past mistakes. The company plans for 3% annual growth over five years and has a 40% dividend payout policy. Despite trade tensions, the CEO is confident in the company's resilience due to improved cost structures. Shareholder relations are stable, with no plans for a company breakup. Regulatory changes in South Africa are seen as improvements, though concerns remain. The company is optimistic about future production and market positioning.

What is the estimated cost of the new copper mine in Peru?

• $10 billion

• $7 billion

• $5 billion

• $3 billion

How much growth does Anglo American expect over the next five years?

• 15%

• 10%

• 25%

• 20%

What is Anglo American's dividend payout ratio?

• 60%

• 50%

• 40%

• 30%

What is the CEO's view on the impact of US-China trade tensions?

• They have no impact on free trade.

• They are only a short-term issue.

• They are a negative impact on free trade.

• They are beneficial for free trade.

Who is Anglo American's biggest shareholder?

• Anil Agarwal

• Mukesh Ambani

• Lakshmi Mittal

• Ratan Tata

What is the CEO's opinion on the new South African mining rules?

• They are perfect as they are.

• They are a big improvement but need more work.

• They will not affect foreign investment.

• They are worse than before.

What is the current status of the Brazilian iron ore mine?

• It is fully operational.

• It is permanently closed.

• It is being sold to another company.

• It is expected to resume by year-end.