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Anglo American Platinum plans to separate from Anglo American by 2025, aiming for R10bn annual cost savings and considering a London secondary listing.
Anglo American Platinum (Amplats) is preparing to separate from its parent company, Anglo American, by 2025 to become a stand-alone entity in the platinum group metals industry.
Amplats expects to achieve annual cost savings of R10bn ($547m) by 2024.
Amplats CEO Craig Miller highlighted the critical role of platinum group metals in creating a cleaner, greener world.
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Anglo American Platinum planea separarse de Anglo American para 2025, con el objetivo de ahorrar 10.000 millones de rands en costes anuales y considerar una cotización secundaria en Londres.