Page 6: Conclusion
Anglo American is not the only mining company in the world. To compete, it depends on being able to access a constant supply of mineral deposits. These resources must be extracted in a cost effective way.
In order to remain competitive it also has to take into account the actions of its competitors. In order to keep its market position, Anglo American constantly seeks to develop new products and processes. These rely on ideas, research, improved or alternative use of existing technologies, as well as the introduction of new technologies.
Anglo American has sustained its position as market leader in many markets through its capabilities in research and technological development.