Anglo American Stock Analysis
Anglo American is one of the largest miners in the world and has a very diversified business. They are largest PGM (Platinum Group Metal) miner.
Anglo American also owns De Beers, the world's largest diamond producer and they are a major producer of metallurgic coal (coked coal), which is essential in the making of steel.
However, the largest revenue segment of Anglo American is Iron Ore.
In short, we can say that Anglo American is essential for the Steel industry as they provide both raw materials needed to make Steel, Iron Ore and Coke.
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