Anglo American to sell participation in Salobo project to CRVD
09 May, 2002
Anglo American to sell participation in Salobo project to CVRD
Anglo American plc ("Anglo American") announces that it has entered into an agreement with Companhia Vale do Rio Doce ("CVRD") to sell its 50% interest in the Salobo Metais S.A. copper deposit in Brazil for US$50.9 million. The transaction is subject to completion of customary closing conditions.
Notes to Editors
Anglo American is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in gold, platinum, group metals and diamonds, with significant interests in coal, base and ferrous metals, industrial minerals and forest products. The group is geographically diverse, with operations in Africa, Europe, South and North American and Australia.
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