Thursday, June 30, 2016

British Mining Company Looks to Sell

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

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