"I am not of the view that industry has hit a wall in cost improvement," Cutifani told an analyst call, adding there would be more "step changes in costs".
(Reporting by Mamidipudi Soumithri and Barbara Lewis)
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
2,569 GBX | +0.35% | +17.78% | +30.24% |
12:55pm | Copper Hits US$10,000 a Ton as BHP Bid Shows Tight Supply Pipeline | MT |
12:54pm | FTSE 100 continues record breaking week | AN |
LONDON (Reuters) - Anglo American CEO Mark Cutifani said technology innovations can enable the industry to carry on reducing costs, following aggressive reductions already achieved in the price of extracting resources.
"I am not of the view that industry has hit a wall in cost improvement," Cutifani told an analyst call, adding there would be more "step changes in costs".
(Reporting by Mamidipudi Soumithri and Barbara Lewis)
1st Jan change | Capi. | |
---|---|---|
+30.24% | 38.8B | |
-14.40% | 149B | |
-6.16% | 115B | |
+0.41% | 71.16B | |
+6.69% | 50.97B | |
+9.34% | 45.47B | |
+20.78% | 25.62B | |
+32.58% | 20.87B | |
+53.37% | 16.98B | |
+49.57% | 17.52B |