Anglo American plc is a globally diversified mining business with a portfolio that spans bulk commodities, base metals, and precious minerals. The company's core revenue-generating segments include Copper, Iron Ore, Platinum Group Metals (PGMs), Steelmaking Coal, and Diamonds (through its 85% ownership of De Beers). Anglo American operates major mining assets across Southern Africa, North and South America, and Australia. The company's business model focuses on the exploration, extraction, processing, and marketing of these resources to industrial and commercial customers worldwide. In recent years, Anglo American has been undergoing a strategic restructuring to focus more heavily on future-enabling metals like copper and premium iron ore, while divesting from thermal coal and planning the demerger of its platinum and diamond businesses. In late 2025, the company announced a proposed merger with Canadian miner Teck Resources to form 'Anglo Teck,' which aims to create a top-tier global copper producer, though the merger is pending final regulatory approvals as of mid-2026.