Anglo American announcement re: Revubo? project

RNS Number : 1169B

Anglo American PLC

28 March 2013

 



28 March 2013
Anglo American announces it will not proceed with Revuboè metallurgical coal project

Anglo American plc ("Anglo American") announces its decision not to proceed with the acquisition of a 58.9% interest in the Revuboè metallurgical coal project in Mozambique. As announced on 24 July 2012, the transaction was subject to a number of conditions. Those conditions have not been satisfied and Anglo American has decided not to proceed with the transaction.

Anglo American expects to continue with its objective of establishing a position in the emerging metallurgical coal basin in Mozambique.

For further information, please contact:

Media		Investors
UK Emily Blyth Tel: [phone]		UK Leng Lau Tel: [phone] Sarah McNally Tel: [phone]
South Africa Pranill Ramchander Tel: [phone]

Notes to editors:

Anglo American is one of the world's largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Anglo American's portfolio of mining businesses spans bulk commodities - iron ore and manganese, metallurgical coal and thermal coal; base metals - copper and nickel; and precious metals and minerals - in which it is a global leader in both platinum and diamonds.  Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company's mining operations, extensive pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com

 

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