CAPITAL MARKETS

Anglo to exit bulks, Australia

MARK Cutifani has outlined a radical restructuring plan for Anglo American, with plans to offload more than half of its assets to realise $US3-4 billion this year alone.

Kristie Batten
Anglo to exit bulks, Australia

The company plans to go from 45 assets in 2014 (it had 60-70 when Cutifani joined in 2013), to just 16 assets. The move is even more drastic than BHP Billiton’s 2015 spin-off of South32, when it went...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.