https://newsletter.mw.creamermedia.com
Africa|Platinum|Operations
Africa|Platinum|Operations
africa|platinum|operations

Amplats announces internal shareholding transfer as part of restructuring

14th February 2025

By: Darren Parker

Creamer Media Senior Contributing Editor Online

     

Font size: - +

As part of the next phase of the restructuring process, Anglo American has informed Anglo American Platinum (Amplats) that additional administrative adjustments have been made.

The latest developments involve Anglo American South Africa (AASA) transferring its entire 66.7% ownership stake in Amplats to fellow Anglo American subsidiary Anglo American International.

As a result, AASA now holds zero Amplats shares.

Amplats assured shareholders on February 14 that the changes do not affect Anglo American’s overall ownership interest in the company. These adjustments are part of the company’s ongoing efforts to streamline its operations ahead of a planned separation from Anglo American.

On May 14 last year, Anglo American announced its intention to restructure its assets and separate its stake in Amplats. To prepare for this, an internal reorganisation involving Anglo American's South African subsidiaries was started on September 2.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025
BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.072 0.15s - 163pq - 2rq
Subscribe Now