Anglo’s South African Iron Ore Unit Says Rail Snags Stabilize

Anglo American Plc’s South African iron ore unit said the state-owned logistics company which transports its output has stemmed a deterioration in performance that’s constrained the miner’s sales.

“Where we were previously seeing a significant decline in performance levels, we are now seeing more stability,” Kumba Iron Ore Ltd. Chief Executive Mpumi Zikalala said on Tuesday.