HALISTER: Anglo American Sells Niobium and Phosphates Businesses for $1.5b

Anglo American Sells Niobium and Phosphates Businesses for $1.5b

(Bloomberg) -- Anglo American reaches agreement with China Molybdenum to sell Niobium and Phosphates businesses for a total of $1.5b cash
  • Proceeds will go towards achieving net debt reudction target, CEO Mark Cutifani says
  • Businesses generated Ebitda of $146m in yr ended Dec 31
  • Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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AAL LN (Anglo American PLC)

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Mark Cutifani (Anglo American PLC)

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