Anglo American Platinum acquires full ownership of Mototolo JV

Anglo American Platinum increased its stake in the Mototolo joint venture from 50% to 100% by acquiring Glencore Operations South Africa's 40.2% stake for R0.9bn ($61.75m) and Kagiso Platinum Venture's 9.8% interest for R267m ($18.31m).

“Anglo American Platinum will become the full owner of a low-cost, high-quality resource following the stake purchase.”mining-technology.com

• 1 source
• mining-technology.comM&As this week: Anglo American Platinum, Ausdrill, Coal India - Mining TechnologyNov 9, 2018

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