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Anglo American PLC — M&A Activity 2013
Mar 28, 2013
4786_rns_2013-03-28_4c77b666-c7cd-453b-9d9e-2d08e2c267bb.html
M&A Activity
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RNS Number : 1169B
Anglo American PLC
28 March 2013
| 28 March 2013 | |
| Anglo American announces it will not proceed with Revuboè metallurgical coal project | |
Anglo American plc ("Anglo American") announces its decision not to proceed with the acquisition of a 58.9% interest in the Revuboè metallurgical coal project in Mozambique. As announced on 24 July 2012, the transaction was subject to a number of conditions. Those conditions have not been satisfied and Anglo American has decided not to proceed with the transaction.
Anglo American expects to continue with its objective of establishing a position in the emerging metallurgical coal basin in Mozambique.
For further information, please contact:
| Media | Investors | |
| UK Emily Blyth Tel: +44 (0)20 7968 8481 |
UK Leng Lau Tel: +44 (0)20 7968 8540 Sarah McNally Tel: +44 (0)20 7968 8747 |
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| South Africa Pranill Ramchander Tel: +27 (0)11 638 2592 |
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Notes to editors:
Anglo American 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 bulk commodities - iron ore and manganese, metallurgical coal and thermal coal; base metals - copper and nickel; and precious metals and minerals - in which it is a global leader in both platinum and diamonds. 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, extensive pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.
This information is provided by RNS
The company news service from the London Stock Exchange
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