Anglo American to keep 19.9% of Amplats in the meantime

Anglo American has actually laid out a June timeline for the demerger of its platinum service and will certainly keep a 19.9% shareholding in Anglo American Platinum in the meantime.

“We are on a clear timeline towards demerging Anglo American Platinum — the world’s leading PGM [platinum group metal] producer — in June, with its primary listing on the [JSE] and an additional listing on the London Stock Exchange,” Anglo CHIEF EXECUTIVE OFFICER Duncan Wanblad claimed in a declaration on Monday …