GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglo American PLC (NAM:ANM) » Definitions » Allowance For Loans And Lease Losses

Anglo American (NAM:ANM) Allowance For Loans And Lease Losses


View and export this data going back to 1990. Start your Free Trial

What is Anglo American Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Anglo American Business Description

Industry
Address
17 Charterhouse Street, London, GBR, EC1N 6RA
Anglo American's mining portfolio spans many commodities and continents. Like other large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world's platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the United Kingdom. In May 2024, Anglo announced that it will restructure to focus on copper, iron ore, and crop nutrients, while selling or spinning off its other businesses.