Rio Tinto (RIO) and Anglo American (AAUKY.PK) plan to sell their stakes in South African copper...


Rio Tinto (RIO) and Anglo American (AAUKY.PK) plan to sell their stakes in South African copper miner Palabora Mining (PBOAF.PK), as it is "no longer of sufficient scale." Rio owns about 58% and Anglo almost 17%, with the combined holdings worth about $720M. (Rio PR, Anglo PR)

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