S.Africa's Amplats still weighing disposal options, H1 earnings soar

by Reuters 13 views0

S.Africa's Anglo American Platinum said on Monday it was still considering how to dispose of its Rustenburg and Union operations.

South Africa’s [DATA AMS:Anglo American Platinum Ltd] said on Monday it was still considering how to dispose of its Rustenburg and Union operations, which it plans to divest from.

“Currently both options for divestment – an Initial Public Offering (IPO) or a trade sale – are still being worked on, and whilst it remains practicable, both options will be kept open,” Amplats said in a statement accompanying the release of its first-half results.