Anglo American plc disposal of its 33% interest in Bafokeng Rasimone Platinum Mine

FTSE News FTSE 100, News

Anglo American plc (LON:AAL) notes the announcement of Anglo American Platinum Limited about the disposal of its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture, for a total purchase consideration of R1.863 billion (approximately US$ 135 million).

Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.