Resumen de Anglo sets completion date for chromite assets sale
The divestment process for the chromite assets started almost one year ago, when Anglo announced its intention to sell its controlling stakes in the two operations as part of a drive to reposition its portfolio amid weak conditions in the platinum and platinum group metals markets.The miner manages and owns 85% of Union Mine, where it extracts UG2 chrome and related products, and has a 50.1% controlling stake in Masa Chrome, through its wholly owned subsidiary Rustenburg Platinum Mines. “Anglo American Platinum has executed a core part of its strategy of repositioning the portfolio,” Chris Griffith, chief executive officer of Anglo American Platinum, said.
