Anglo American Writes Down $1.6 Billion
Anglo American Writes Down $1.6 Billion
Two months after avoiding BHP (ASX:BHP), Anglo American has started cleaning up its confused businesses by taking a fresh $1.6 billion write-down on its Yorkshire fertiliser mine in the UK.
两个月前，英美资源（Anglo American）避开必和必拓（BHP）后，通过对英国约克郡肥料矿山的新一轮16亿美元减值开始清理混乱的业务。
This is the second write-down on the project in a year. Last year, the cut was $1.7 billion as Anglo looked for a partner for the troubled project.
这是该项目一年内的第二次减值。去年，由于英美资源一直在寻找麻烦项目的合作伙伴，该项目的减值额为17亿美元。
In its June half-year report, Anglo American said it expects to reach a deal for the sale of its coal assets by early 2025, despite a fire at one of its mines, the Grosvenor underground operation in central Queensland.
在其六月半年报告中，英美资源表示，尽管在昆士兰州中部的格罗斯文内地下操作中发生火灾，该公司仍预计在2025年初前完成其煤炭资产的出售交易。
Revenues in the half-year to June 2024 dropped by 8% to $14.5 billion, while underlying profits were down 23% to $1.29 billion. Net losses were $672 million on a statutory basis.
2024年6月半年度收入下降8%，达14.5亿美元，而基本利润下降23%，降至1.29亿美元。按照法定基础计算，净亏损为6720万美元。
EBITDA was $5 billion, down slightly from $5.1 billion a year ago but higher than market forecasts of around $4.6 billion.
EBITDA为50亿美元，略低于一年前的51亿美元，但高于大约46亿美元的市场预测。
The miner had already announced it would slow down the development of the fertiliser (polyhalite) mine pending a final investment decision as part of a restructuring of its businesses.
矿业公司已宣布将放缓肥料（聚卤乙烯）矿山的开发，等待最终投资决策，作为其业务重组的一部分。
Cutting costs by $1.7 billion was another part of its defense against BHP's offers, with capital spending also reduced by $1.6 billion.
通过削减17亿美元的成本，以及减少资本开支16亿美元，英美资源打出防御必和必拓收购的牌。
"Our focus on operational performance is delivering results, most notably in our Copper and Premium Iron Ore businesses, with EBITDA margins of 53% and 43% respectively," said CEO Duncan Wanblad.
首席执行官韦恩布拉德表示：“我们专注于业务运营表现，取得了成果，尤其是在铜和高品位铁矿石业务方面，其中EBITDA毛利率分别为53%和43%。”
He added that the coal sale would proceed even after the fire at Grosvenor.
他还表示，尽管格罗斯文内地下操作发生火灾，煤炭业务出售仍将继续进行。
The costs associated with the fire and getting the mine back to production are not yet known. A similar fire at Peabody's North Blackwater mine is expected to cost more than a billion dollars by the time it resumes production later this year, effectively creating a whole new mine with production not reaching full capacity until 2026.
该火灾及恢复生产所需的成本尚不清楚。Peabody的北黑水煤矿发生了类似的火灾，预计到今年晚些时候恢复生产时将花费超过10亿美元，实际上等同于新开采的一座矿，直到2026年才能达到全产能。
On Thursday, Anglo announced plans to conduct a two-stage auction process for its coal assets, including Grosvenor, and added that the mine would likely resume operations under a new owner.
英美资源周四宣布计划为其煤炭资产进行两阶段拍卖，包括格罗斯文内地下操作，并补充说该矿可能在新的业主的管理下恢复运营。
"There are so many interested potential buyers for this set of assets," Wanblad told the media at a briefing.
韦恩布拉德在新闻发布会上告诉媒体：“有很多有兴趣的潜在买家对这组资产感兴趣。”
"Our expectation is that hopefully by the end of this year, very early next year...we will have a deal," he added.
他补充说，即使在格罗斯文内地下操作发生火灾后，煤炭销售也将继续进行。他说：“我们的期望是，希望到今年年底非常早的时候...我们将有一个交易。”
Anglo also reported that its nickel assets in Brazil have attracted interest from potential buyers.
英美资源还报告称，其在巴西的镍资产引起了潜在买家的兴趣。
"We have had inbound interest from a number of credible parties and we will be starting a formal process later this year," a spokesperson told Reuters.
一位发言人告诉路透社：“我们已经收到了来自许多可信方的询问，我们将于今年晚些时候开始正式程序。”
This interest comes despite BHP putting its WA nickel business on a care and maintenance basis for the next three years and taking an impairment of more than $3.5 billion.
此举引起了注意，尽管必和必拓将其西澳尼克尔业务列为维护状态并在未来三年内降低其价值超过35亿美元。