Anglo American confirms guidance: Anglo American stock costs EUR 44.18 at GBP 39.6 billion value

Published on 10/22/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

De Beers lifted 2026 guidance to 25-28 million carats. Anglo American stock costs EUR 44.18 on October 22, 2026, with GBP 39.6 billion in market value.

Production and portfolio milestones

Anglo American produced 174,900 tonnes of copper in the third quarter ended September 30, 2026.
De Beers lifted 2026 diamond guidance to 25 million to 28 million carats on October 20, 2026.
Anglo American stock traded at EUR 44.18 at 9:14 a.m. CEST at Lang & Schwarz on October 22, 2026.

Luftaufnahme eines terrassierten Kupfer-Tagebaus mit Fahrzeugen bei goldenem Abendlicht — Anglo American plc GB00B1XZS820 zeigt einen riesigen Kupfer-Tagebau mit Baggern und Lastwagen im Abendlicht, Illustration mit AI erstellt.

Anglo American (ISIN GB00BTK05J60) was trading at EUR 44.18 at Lang & Schwarz at 9:14 a.m. CEST on October 22, 2026. In its production report dated October 20, 2026, Anglo American held its 2026 copper production guidance at 700,000 to 760,000 tonnes while reporting a weaker third quarter in Chile.

Copper output falls in the third quarter

Anglo American produced 174,900 tonnes of copper in the third quarter ended September 30, 2026, down 5 percent from 183,500 tonnes a year earlier. The company attributed the decline to extreme winter weather in Chile, related maintenance and lower-grade stockpile ore at Collahuasi.

The nine-month total reached 518,500 tonnes, compared with 525,700 tonnes in the same period of 2025. Premium iron ore production also fell 4 percent to 13.8 million tonnes, while manganese output rose 6 percent to 1,031,400 tonnes.

What changes in the portfolio?

The more constructive part of the update came from De Beers. Its 2026 diamond production guidance rose to 25 million to 28 million carats from 21 million to 26 million carats, while the group lowered its diamond unit cost guidance to USD 70 per carat from USD 80. Investing.com reported the guidance changes on October 20, 2026.

Anglo American also said its planned merger with Teck Resources continues to progress, with completion timing by March 2027 unchanged. The Australian steelmaking coal sale to Dhilmar is targeted for completion by the first quarter of 2027, while the nickel sale remains subject to European Commission approval.

Next milestone is March 2027

For investors, the update leaves copper execution and portfolio simplification as the key measurable themes. The company must convert its expected fourth-quarter grade improvement into production while advancing the Teck transaction and the planned disposals.

Anglo American was trading at EUR 44.18 at Lang & Schwarz on October 22, 2026 at 9:14 a.m. CEST. The quote carries a market capitalization of GBP 39.6 billion, while the primary London listing has a 52-week range of GBp 2,639.00 to GBp 4,643.80.

The further course of trading is shown by the continuously updated real-time quote of Anglo American stock.