South Africa: Anglo H1 earnings hit by fertiliser impairment, coal disposal plans

Anglo American said on Thursday that it remains on course with its asset disposal plans, with a deal to sell its steel-making coal operations Australia seen by early 2025.

The company also said in its interim results that it had taken a $1.6-billion write-down on its Woodsmith project to produce fertiliser in the UK because of the decision to slow down its development. 

That write-down resulted in a $700-million loss attributable to equity shareholders and a 3% decline in underlying…