Anglo sells aluminium slice

23 July 2009 - 02:00
By unknown

ANGLO American has sold 28percent of South Africa's Hulamin for R732million "to focus" on its core mining operations.

ANGLO American has sold 28percent of South Africa's Hulamin for R732million "to focus" on its core mining operations.

Anglo which is fighting off an unwelcome merger approach from rival Xstrata, retained a 17percent stake in Hulamin, which makes semi-fabricated aluminium. - Reuters