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Amplats Shares Hit as Anglo American Sets Out Restructuring Plan

Amplats Shares Hit as Anglo American Sets Out Restructuring Plan
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Amplats Plans Restructure That May Affect About 3,700 Jobs

Amplats Plans Restructure That May Affect About 3,700 Jobs
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Amplats Weighs Cutting Over 4,300 Jobs After Metal Prices Slump

(Bloomberg) Anglo American Platinum Ltd. has proposed a restructuring that may affect 3,700 jobs across its South African operations, as plummeting metal prices squeezed profits.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InRecord US Stock Rally Is Under Threat From a World in TurmoilChina Stocks Primed for Bullish Reopen

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Anglo Platinum First-Half Profit Slumps After Metal Prices Drop

(Bloomberg) Anglo American Platinum Ltd. said first-half profit likely fell as much as 75% due to lower metal prices and after power outages and a smelter rebuild cut sales volumes.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsSingapore House Speaker Resigns in New Blow to Ruling PartyUPS Union Asks Biden Not to Intervene in Case of StrikeEarn

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Anglo Platinum First-Half Profit Slumps After Metal Prices Drop

Anglo Platinum First-Half Profit Slumps After Metal Prices Drop
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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