(Bloomberg) -- Anglo American Plc, the world's second- largest mining company, expects to have largely completed by year- end an overhaul to focus on the metals demanded by China's expanding economy, Chief Executive Officer Cynthia Carroll said.
The plan aims to concentrate output on iron ore, copper, nickel, platinum, diamonds, coal, and zinc, Carroll said yesterday in an interview in Rio de Janeiro. The company is spending $7 billion on existing mines, and is studying as much as $15 billion of new projects, she said.
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