Completion of onward sale of 4.1% of AA Sur

RNS Number : 3247M

Anglo American PLC

14 September 2012

 



14 September 2012
Anglo American completes onward sale of AA Sur 4.1% shareholding

Anglo American plc ("Anglo American") announces the completion of its onward sale of a 4.1% shareholding in Anglo American Sur ("AA Sur") to a Corporación Nacional del Cobre de Chile ("Codelco") and Mitsui & Co., Ltd. ("Mitsui") joint venture company controlled by Codelco ("the Codelco/Mitsui joint venture") following clearance of the transaction by competition authorities in Brazil.

Under the terms of the 23 August 2012 agreement, Anglo American has completed the onward sale of 4.1% of the shares in AA Sur for a cash consideration of approximately $890 million.

For further information, please contact:

Media		Investors
UK James Wyatt-Tilby Tel: [phone]		UK Leng Lau Tel: [phone]
		Caroline Crampton 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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