Ferrous Metals’ operating profit of $1,432 million was up by 5% on 2006 and operating profit from core businesses increased by 59%. The iron ore and manganese markets experienced favourable market conditions and stronger prices.
|$ million (unless otherwise stated)||2007||2006|
|Kumba Iron Ore||834||565|
|Net operating assets||3,987||2,796|
|Capital expenditure (including biological assets)||471||582|
|Share of Group operating profit||15%||15%|
|Share of Group net operating assets||15%||13%|