#AngloAmerican pleases investors with $1.5bn sale of #Niobium and #Phosphates busines
The #SouthAfrica-based miner is to sell the #Brazil-based arm to #China #Molybdenum for $1.5bn (£1bn) in cash. Most analysts had been expecting the business to fetch around $1bn.
Read more at: http://www.telegraph.co.uk/business/2016/04/28/anglo-american-pleases-investors-with-15bn-sale-of-niobium-and-p/