The Latest Breaking News from Anglo American

The formation of Valterra, unveiled earlier this year as part of Anglo's broader portfolio review, has been officially framed as an effort to unlock long-term value, streamline operational focus, and create a platform better positioned to weather both regulatory and market volatility.

The FTSE 100 index rose 16.8 points, 0.2%, at 8,735.60.

The dollar fell on Monday amid reports Mr Trump would not sign trade tariffs into law on his first day back in the White House.

The six-month hold on BHP trying to take over Anglo American again has passed. The fundamentals of the copper market long-term suggest BHP - desperate to add more copper assets to its portfolio - will make another bid for Anglo American. However, the bid may not come until Anglo makes…

The Container Store faces potential bankruptcy after failing to secure a $40 million financial deal and more M&A news from the week.

The FTSE 100 finished 6.08 points higher to end the day at 8,287.30.

Anglo American sells Australian coal portfolio to Peabody Energy for $3.8 billion in line with strategy to focus on high-margin, future-facing commodities.

The sale comes amid turnaround efforts at Anglo American after it fended off a £39 billion takeover proposal by rival BHP earlier this year.

The blue-chip index outperformed European rivals on Monday, with miners including Endeavour, Anglo American and Fresnillo among the top gainers.