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LONDON (MarketWatch) — Anglo American’s chief executive officer, Cynthia Carroll, Tuesday said at the company’s Annual General Meeting (AGM) that over the next 10 years, the company anticipates strong demand growth of 4 to 5% compounded annually for most key commodities – driven mainly by China, as well as by India and other developing countries, she said. It remains very positive on copper, bulk commodities, especially iron ore and metallurgical coal, and for platinum group metals, said Carroll. Added to these, there are problems relating to assurance of electricity supply – most critically in South Africa, where it is working with Eskom and the government to implement solutions – but also potentially in Chile and Brazil, she said. Anglo American remains upbeat on copper, bulk commodities – MarketWatch Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. read more

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