Anglo American plc reported in Q1 2026 production updates and portfolio moves, including resumed Moranbah North operations, a sale process for Steelmaking Coal advancing toward a second-quarter 2026 agreement, and ongoing De Beers and Nickel divestments; guidance referenced higher output for refined PGMs and nickel, with risks from macro volatility, cost inflation, and regulatory antitrust approvals. Anglo American highlighted increased output for refined PGMs and nickel, while macroeconomic volatility remains risk to supply and cost inflation. Moranbah North operations resumed in a sign of recovery. Sale process for Steelmaking Coal advances toward a second-quarter 2026 agreement. the De Beers arm and Nickel divestments proceed. Guidance remains positive demand for PGMs and nickel, but within external macro risks and required regulatory approvals.