Anglo American

  • February 3, 2025

    Anglo American Finalizes Early Sale of Jellinbah Stake

    BY Sophia Schmitz
    Anglo American has completed the sale of its 33.3% stake in Jellinbah Group Pty Ltd to Zashvin Pty Ltd ahead of schedule. The transaction, initially expected to close in the second quarter of 2025, brings in total cash proceeds of AUD1.6 billion (approximately USD1.0 billion), including AUD228 million previously received. Jellinbah Group holds a 70%...
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  • January 29, 2025

    BHP Abandons Acquisition Plans for Anglo American

    BY John Davis
    Mining company BHP has decided to halt its planned acquisition of competitor Anglo American, according to reports from the Financial Times. The deal, initially valued at £38 billion, has become unfeasible due to changing market conditions and strategic developments by Anglo American. Anglo American’s restructuring efforts, which include exiting operations in coal, diamonds, and platinum,...
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