Anglo American plc (AA) is one of the world’s leading mining companys with a diversified commodity portfolio of platinum, diamonds, coal, base metals and iron ore across Africa, Europe, North & South America and Australia & Asia. AA owns the largest platinum reserves and is the 4th largest iron ore producer globally. Key growth remains industrialization and urbanization in China, India and emerging economies. Risks include inflation dampening economic growth, tightening fiscal cycles (China), continued weakness in the US particularly the labour market affecting economic growth and volatility in commodity prices.