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Anglo American Sells Nickel Business for Up to $500 Million

GlobalData on MSN · 1d

Anglo American to sell nickel business to MMG for $500m

Anglo American has entered a definitive agreement with MMG Singapore Resources, a wholly owned subsidiary of MMG, to divest its Nickel Brazil business for a cash consideration of up to $500m. Nickel Brazil operates two ferronickel operations in the country,

Hosted on MSN · 2d

Anglo American Sells Nickel Business for Up to $500 Million

The sale, to a subsidiary of China’s mining company MMG, is part of its effort to simplify operations, following a failed takeover bid from BHP last year.

Bloomberg L.P. · 2d

Anglo American Agrees to Sell Brazil Nickel Mines to China’s MMG

Anglo American Plc said it’s agreed to sell its nickel business in Brazil to MMG Ltd. for as much as $500 million.

9h

Anglo writes down De Beers, pressing on with business overhaul

Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...

Mining Weekly9h

Anglo American achieves strong operational, cost performance; portfolio simplification progressing

Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with ...

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