Ferrous Metals

Anglo ties-up Scaw Metals assets deal

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Anglo American has completed the sale of Scaw Metals assets Moly-Cop and AltaSteel to Australian steel manufacturer OneSteel.

Russian firm hires ex-Anglo director

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Russian steelmaker Severstal has recruited former Anglo American executive Philip Baum to head the $4bn flotation of its gold unit, according to reports.

Tata Steel mulls Riversdale counter bid

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Tata Steel, the largest shareholder in Riversdale, is yet to decide whether it will counter Rio Tinto's $3.9bn offer for the Africa-focused miner.

Indian steel firm seeks SA base – report

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India’s second-largest producer of steel is considering building a plant in SA if government agrees to grant iron ore and coking coal mining permits, reports Bloomberg.

Kumba’s Zim to start new steel firm

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Lazarus Zim, the former chair of Kumba Iron Ore, says he has resigned from the board of the Anglo American subsidiary to start a new steel firm and avoid the potential of a conflict of interest.

Tata Steel ‘to sell SA assets’

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Tata Steel is in talks to sell its South African assets to raise more than $150m, reports the Economic Times.

Zim resigns from Kumba

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Lazarus Zim has quit his positions as chairperson and non-executive director of Kumba Iron Ore, citing conflict of interests.

Kumba’s Sishen bid delayed as Zim quits

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Kumba Iron Ore's chair Lazarus Zim has stepped down and its court challenge to the 21.4% prospecting right awarded to ICT for Sishen mine has suffered a setback.

Anglo predicts 150m tonnes iron ore output

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UPDATED: Anglo American's iron ore output capacity may rise to above 150 million tonnes by 2020, says an executive.

Anglo granted key Minas Rio licence

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Anglo American will start building early next year one of its biggest growth projects, the Minas Rio iron ore operation in Brazil, after getting permission from the government.