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Anglo to sell nickel business for up to $500M

Anglo expects up to $5.3 billion from its spinoff proceeds

Isabeau van Halm
The Barro Alto nickel operation in Brazil.

The Barro Alto nickel operation in Brazil. | Credits: Anglo American

Anglo American announced on Tuesday that it has agreed to sell its nickel business to MMG Singapore Resources, a subsidiary of Australia-headquartered MMG, for up to US$500 million. Of the $500 million,...

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