Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.

The decrease in US copper demand and conflicts in Peru's Las Bambas mine were among the risks.

Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.

Nippon Steel agreed on an annual supply deal through March with Glencore for power plant coal at $375/t.

Grupo Mexico's second-quarter net profit was $611 million, down from the $1.03 billion from the year-ago period.

The sale comes almost a month after Glencore and other shareholders rejected an offer by China's Yankuang Energy to buy the remaining 37.7% of shares in Yancoal.

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.