British mining company, Anglo American is looking to sell one more of its businesses in Brazil as the country spirals further downward. The company previously sold its niobium and phosphate operations. Now, it is looking to get rid of its nickel business.
So far, the company has not received offers it believes represents the value of the business or that appeals to shareholders.
According to the Brazilian Institute of Mining, Brazil is the seventh largest nickel producer in the world.
For more read this article from O Valor Anglo American Seeks Buyers
Brazil Business News is a blog about business in South America's largest economy. This blog offers opinion pieces about doing business as well as touches on the top trends and issues in business across a wide range of industries and areas, such as industry, agriculture, automotive, technology, energy and more.
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