| Tue 4 Jan 2011, 9:00 | | AGL - Anglo American plc - Anglo American completes sale of Moly-Cop and |
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AGL
ANAAL
AGL - Anglo American plc - Anglo American completes sale of Moly-Cop and
AltaSteel to OneSteel
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
("Anglo American plc" or "the company")
Anglo American completes sale of Moly-Cop and AltaSteel to OneSteel
Anglo American plc ("Anglo American") announces the completion of the sale of
Moly-Cop and AltaSteel to OneSteel Limited ("OneSteel") for cash proceeds of
US$1,076 million.
Anglo American announced the sale of Moly-Cop and AltaSteel to OneSteel on 14
November 2010 for a total consideration of US$932 million on a debt and cash
free basis. The total cash proceeds amount includes the cash and debt in the
business and certain adjustments1.
For further information, please contact:
United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
Caroline Metcalfe, Investor Relations
Tel: +44 (0)20 7968 2192
Daniel Thole, Brunswick
Tel: +44 (0)20 7396 3518
South Africa
Anna Mulholland, Investor Relations
Tel: +27 (0)11 373 6683
Kgapu Mphahlele, Investor Relations
Tel: +27 (0)11 373 6239
Notes to editors:
Adjustments include amounts payable in respect of the locked box period since 1
July 2010.
Anglo American plc is one of the world`s largest mining companies, is
headquartered in the UK and listed on the London and Johannesburg stock
exchanges. Anglo American`s portfolio of mining businesses spans precious metals
and minerals - in which it is a global leader in both platinum and diamonds;
base metals - copper and nickel; and bulk commodities - iron ore, metallurgical
coal and thermal coal. Anglo American is committed to the highest standards of
safety and responsibility across all its businesses and geographies and to
making a sustainable difference in the development of the communities around its
operations. The company`s mining operations and extensive pipeline of growth
projects are located in southern Africa, South America, Australia, North America
and Asia. www.angloamerican.com
4 January 2011
Sponsor: UBS South Africa (Pty) Ltd
Date: 04/01/2011 09:00:01 Produced by the JSE SENS Department.
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