The company delivered the best all-round business performance in its history in 2016, prompting it to keep its high performing coal operations in Australia, despite earlier deciding it would divest its coal business to help repair its balance sheet.
“Our demonstrated restraint and resilience, compounded by a global commodities industry turnaround, has paved the way for Anglo American’s resurgence in Australia,” Diamond said.
The announcement of permanence in Australia includes a plan to re-establish people development programs, focused on improving safety and operational standards, building organisational capacity and filling critical roles across the business.
The company will continue to invest long-term in employees through internal moves and promotions, as well as focus on attracting new expertise and experience.
“Anglo American is committed to maintaining its role as a major employer offering long-term career pathways and opportunities in the Queensland region,” the company said in a statement.
Anglo American recently invested $150,000 in local initiatives put forward by community leaders, including sponsorship for the CQ Rescue Service and sponsorship of the Queensland Minerals and Energy Academy Skills Camp, which conducts training and skill development sessions for our industry in the region.
“Anglo American values its people and communities as a top priority,” Diamond said.
“We are wholly committed to creating sustainable operations that provide value and make a positive impact in our communities.”