ANGLO AMERICAN MARKETING LIMITED

1. ANGLO AMERICAN MARKETING LIMITED 2011-04-01 → present
2. ANGLO COAL MARKETING LIMITED 2000-07-27 → 2011-04-01
3. SHELL COAL MARKETING LIMITED 1998-02-27 → 2000-07-27
4. SHELL COAL INTERNATIONAL LIMITED 1946-03-07 → 1998-02-27

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the Company's cash flow forecasts for the period to the end of 2026. This included assessing the wider macro-economic environment, the Group's commodity production, demand for the Company's products and realised prices. In all of the scenarios modelled, the Company maintains sufficient liquidity throughout the period of assessment. The Board is satisfied that the Company's forecasts and projections, taking account of modelled changes in trading performance, show that the Company will be able to remain in operation for the period assessed. For this reason, the Company continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. ANGLO AMERICAN MARKETING LIMITED · parent
   1. MR Iron Ore Marketing Services Singapore Pte. Ltd. 50.1% · Singapore · Consultancy and marketing support services
   2. Anglo American Resources Trading (China) Co., Ltd. 100% · China · Trading and marketing support services
   3. Anglo American Marketing Chile SpA 100% · Chile · Trading and marketing support services
   4. Anglo American Shipping Pte. Limited 100% · Singapore · Marketing Shipping Services
   5. Cobre del Norte S.A. 99.99% · Peru · Dormant
   6. Anglo American Marketing South Africa Proprietary Limited. 100% · South Africa · Trading and marketing support services
   7. Anglo American Marketing Peru S.A. 99.9% · Peru · Trading and marketing support services
   8. Sulista Forte Pte. Ltd. 100% · Singapore · Investment holding
   9. Anglo American Energy Solutions (Australia) Pty Ltd 100% · Australia · Marketing support services
   10. Anglo American Marketing B.V. 100% · Netherlands · Marketing support services

Significant events

• “following the announcement of the revised strategy of the Anglo American group on 14 May 2024, some changes to the principal activities of the Company may arise. These are expected to include a change to the mixture of commodities sold by the Company, with a reduction in sales of nickel and coal.”
• “Copper prices were volatile during 2024, reaching record nominal highs in May following acute physical market tightness in the COMEX copper contract, but prices were also under pressure for long periods owing to weak Chinese physical demand conditions.”
• “The LME nickel price averaged US$16,921/tonne (US$7.63/lb) in 2024, 21% lower than US$21,473/tonne (US$9.74/lb) in 2023. The price weakness was as a result of oversupply from Indonesia and China, despite several mine closures and supply disruptions and an increase in visible exchange stockpiles highlighting the refined market surplus.”
• “The average benchmark price for Australian hard coking coal ("HCC") decreased to US$240/tonne in 2024 (2023: US$296/tonne). At the start of 2024, supply disruptions kept prices elevated, with Q1 averaging US$308/tonne. However, from Q2 onwards, Australian exports improved, resulting in HCC prices falling for the subsequent quarters.”
• “In 2025, global supply chains may be impacted by the threat of, or actual disputes between major economies, including the increased risk of imposition of tariffs. Uncertainty around business conditions may lead to a lack of confidence in making investment decisions, which could influence demand for commodities traded by the Company and the Company's future financial performance.”
• “On 14 May 2024, the Anglo American plc Group ("the Group") announced its updated strategy, including the intention to demerge or divest several of the Group's businesses, including the Group's platinum group metals, nickel and steelmaking coal businesses. The sale of the Group's nickel business was agreed in February 2025 and the demerger of the Group's platinum group metals business was completed on 31 May 2025. In November 2024, the Group agreed the sale of the bulk of steelmaking coal business to Peabody Energy, subject to relevant approvals.”
• “Beginning on 2 April 2025, the U.S. administration announced a series of tariffs aimed at protecting U.S. domestic industries and reducing trade deficits. At this stage, the impact on the Company's business and results has not been significant.”
• “On 30 June 2025, an interim dividend of US$350,000,000 was approved by the Board of Directors and all of it was allocated to the Singapore Branch.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.1%

  £6,450,692,365 → £6,185,312,083

• Cash

  +72%

  £738,313,566 → £1,270,055,597

• Net assets

  -3.9%

  £751,251,297 → £721,912,528

• Employees

  -5.2%

  480 → 455

• Operating profit

  -64.7%

  £344,223,128 → £121,567,828

• Profit before tax

  -59.3%

  £364,969,607 → £148,444,774

• Wages

  -7.2%

  £75,673,091 → £70,239,437

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers