Anglo American, the FTSE listed commodities giant, is in serious trouble, and is being forced to undertake what it calls a radical restructuring of its business to try and weather the commodity crash storm.
The company unveiled a whole raft of changes to its business on Tuesday morning, and isnt lying when it says they will be radical.
The news of the changes came just one hour after another mining giant announced it is being forced into action to fight the commodity slump. British-Australian firm Rio Tinto, revealed that it needs to cut capital expenditure over the coming years.
For Anglo American, there are so many changes and cost cuts being put in place that its pretty hard to keep up, but these are the most …
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