Anglo American sells nickel business for $500mn

Times Live

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

A restructuring aimed at refocusing its operations on copper and iron ore mining is well under way.

Financial Times

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Anglo American sells nickel business for $500mn

Miner seeks to focus on copper and iron as it restructures after rebuffing BHP takeover attempt

Mining Technology | Mining News and Views Updated Daily

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

Anglo American has agreed with MMG Singapore Resources to divest its Nickel Brazil business for up to $500m.The post Anglo American to sell nickel business to MMG for $500m appeared first on Mining Technology.

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MMG to acquire Anglo American’s nickel business - USA Herald

China-backed MMG Ltd. has struck a deal to acquire Anglo American PLC’s nickel assets in Brazil for up to $500 million, a move that signals a strategic overhaul for the British mining giant. The agreement, announced Tuesday, comes as Anglo American sheds assets to refine its business focus. MMG’s Singapore-based subsidiary will initially pay $350 million in cash upon closing, expected by March. But the transaction holds more weight—potentially s…

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The agreement involves two ferronickel operating assets in Goiás, in addition to two projects that may be developed in the future

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Anglo American Corresponds To $ 500 Million Sale Of Nickel Affairs

MMG Singapore Resources has agreed to pay Anglo $ 350 million in advance The price of Nikkel has fallen to a low four years of less than $ 15,250 per tonne By Harry Wise Updated: 10:03 GMT, February 18, 2025 Anglo American has taken another step to simplify his business after he has agreed to discharge his nickel department for a maximum of $ 500 million. MMG Singapore Resources, a subsidiary of MMG, based in Melbourne, has agreed to buy the ni…