Anglo American PLC ADR

NGLOY: PINX (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$27.00	Smj	Nhffhtx

Opportunities in Mining Sector in Coal and Gold; Commodity Prices Generally Supportive

Jon Mills ,

Apr 16, 2024

Commodity prices diverged in the quarter. Despite solid China steel production, iron ore and metallurgical coal prices are down, while copper rose on supply issues and hopes of faster global growth. However, prices are elevated compared with history and cost-curve support.

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