[Anglo American plc announces the sale of its assets in Australia and

Published: Jul 24, 2024 10:25

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[Anglo American plc announces the sale of its assets in Australia and Chile] According to the Ministry of Commerce's website, El Mercurio, a Chilean newspaper, reported on July 22 that Anglo American plc agreed on Monday to sell two mining concession assets in Australia and Chile to Taurus Funds Management, a Sydney-based global mining investment fund, for a maximum price of US$195 million. Among them, the Caspiche project in Chile is located in the north, including gold and copper mining concessions, which will be sold for US$25 million and US$20 million respectively. This move was made by the company after the failure of BHP Group to acquire it, actively divesting low-profit assets and focusing on expanding copper production.

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