Prefer to Cut Diamond Production Than Prices: Anglo American CEO

The transcript discusses the recovery of the diamond market post-COVID, with a focus on China and the US. De Beers' strategy involves maintaining diamond prices by reducing production rather than cutting prices. The global commodity outlook is positive, with strong demand for iron ore, copper, and nickel. Competition from Rio Tinto in the iron ore market is noted, but the company remains confident due to its high-quality products. The strategy for exiting the thermal coal business involves a demerger, while the weakening US dollar is seen as a temporary challenge.

How does the speaker expect the US market to recover compared to China?

What factors are influencing the recovery of diamond sales in China?

What is the speaker's perspective on cutting prices for diamonds?

What commodities does the speaker mention as being important for the global economy?

What are the expected long-term prices for iron ore according to the speaker?

How does the speaker plan to handle their thermal coal business?

What is the speaker's outlook on the US dollar and its impact on their business?