Anglo American considers spinning off South African coal operations
Share:
LONDON (Reuters) - Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa in the next two to three years over other options for exiting the business. Increasing pressure from investors, regulators and climate change activists is prompting miners to limit their exposure to fossil fuels.In written responses to shareholders, Anglo said a demerger was its preferred method of withdrawing from the business, but that it was still..