LSE:AAL 7 January 2026 - 1 February 2026

Anglo American shares ended lower on Friday, giving back ground a day after touching a fresh 52-week high, as month-end flows and a sharp pullback in metals prices hit the mining sector. The stock closed down 2.63% at 3,408 pence, even as the FTSE 100 rose 0.51%.

Ahead of Thursday’s London open, Anglo American stock caught attention after a regulatory filing revealed Norges Bank boosted its stake above the 3% reporting threshold. The bank now holds 3.00352% of voting rights, or 35,383,000 shares, up from 2.99573%. According to the filing, the threshold was crossed on Jan. 9.

Anglo American shares climbed 2.7% on Friday following a European Commission filing that suggested a less complicated competition review for its planned merger with Canada’s Teck Resources. The mining sector remained active after Rio Tinto revealed early talks with Glencore, fueling new rounds of deal speculation.

Anglo American plc shares ended Friday up 2.7% at 3,216 pence, a whisker below the week’s 52-week high, after signs that its planned merger with Canada’s Teck Resources is moving through Europe with fewer obvious hurdles.