Anglo American to sell nickel business to MMG

Anglo American to sell Brazil nickel business for up to $500M, keep 20% of demerged platinum unit
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) said Tuesday it agreed to sell its nickel business in Brazil to Hong Kong-listed MMG Ltd. for as much as $500M, the latest step in the company's broader restructuring aimed at refocusing its operations on copper and iron ore mining.
Anglo American's strategic divestment: Nickel business sold to MMG Singapore
Anglo American plc (“Anglo American”) announced in a statement on Tuesday that it has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources for up to $500 million (R9.
Anglo American to get $600mn dividend boost ahead of demerger of platinum arm
Anglo American Platinum is to pay its parent a $600mn dividend ahead of its planned demerger in June, the company announced on Monday. Amplats, as the world’s largest platinum company is known, is to pay out $900mn from its retained cash to shareholders in total with most going to Anglo American, which has a 67 per cent stake.
Anglo American to sell nickel business for up to US$500-million
The unit sale comes as a broader restructuring aimed at refocusing Anglo American’s operations on copper and iron ore mining is well under way
Anglo American Progresses Towards Demerger of Anglo American Platinum, Announces Dividend Payments
Anglo American has made considerable progress in its demerger of Anglo American Platinum, with a significant dividend payout announced for Anglo
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,
Anglo American reports $3bn loss, embarks on a strategic portfolio restructure
The company, however, accrued $1. 3bn in cost savings and recorded an earnings before interest, tax, depreciation and ...
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Anglo writes De Beers down by $2.9bn as it prepares to ditch diamond giant
The diamond sector faces an existential crisis from far cheaper lab-grown alternatives and the fading allure of the romanticism around the gems. Anglo is parting ways with De Beers for a reason and ...
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Anglo American ‘sucks’ R11bn out of Amplats before unbundling
Amplats 'resets' its balance sheet ahead of demerger by paying a special dividend, which puts it 'on a pro forma basis to be ...
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Anglo American PLC
2025 South African petrochemicals company Sasol , mining group Anglo American and its diamond business De Beers entered into a joint development agreement on Tuesday to pilot the production of ...
Anglo American Platinum Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Looking ahead, revenue is expected to decline by 1.2% p.a. on average during the next 2 years, while revenues in the Metals ...
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Anglo American nears De Beers spinoff
Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond ...
Anglo Platinum pays $856 million top up cash dividend before spinoff
Anglo American Platinum said on Monday it will pay an additional $856 million cash dividend ahead of its planned spinoff into ...
Anglo American makes strategic move as platinum stake shifts to new majority shareholder
Anglo American announced a “plan to unlock significant value inherent in its portfolio through, amongst other things, the ...