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Anglo American restructures, selling its Brazil nickel business for $500M while spinning off its South Africa platinum unit.

Anglo American says it is making good progress with its portfolio simplification Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with ...

including impairements in Anglo American Platinum. Despite this, Anglo American is returning $800 million in total dividends for the 2024 financial year to shareholders although this represents a ...

Anglo American is expecting to wrap up the demerger of its platinum producing unit, Anglo American Platinum (Amplats), by June this year and will benefit from a dividend windfall despite Amplats ...

Australia-based MMG Ltd. The mining house expects the demerger of Anglo American Platinum Ltd to conclude in June. On Thursday, Anglo American also said it has signed a memorandum of understanding ...

Revenue: R109.0b (down 13% from FY 2023). Net income: R7.06b (down 46% from FY 2023). Profit margin: 6.5% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. EPS: R26 ...

LONDON, Feb 20 (Reuters) - Anglo American (AAL.L), opens new tab posted ... That means spinning off its platinum and diamond businesses after the sale of its coal and nickel mines.

Anglo American has taken another step towards simplifying its business after agreeing to offload its nickel division for up to $500million. MMG Singapore Resources, a subsidiary of Melbourne ...

Anglo American has written down the value of its ... sale of its nickel business and preparations for the spin-off of its platinum arm. But divesting De Beers has been more challenging.