South32 CEO Kerr eyes Anglo American’s manganese stake
South32 CEO Graham Kerr expressed interest in acquiring Anglo American's share of their jointly-owned manganese operations, pending the right price. This comes as Anglo faces a takeover bid from BHP Group. South32, a leading manganese producer, aims to diversify, eyeing new projects in copper and zinc. The miner's strategic shift from coal has attracted new investors, reflecting a broader industry trend towards energy transition metals. Kerr emphasized the need for miners to aggressively secure new projects to capitalize on rising metal prices.
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By Melanie Burton
Australian diversified miner South32 is open to buying Anglo American's's share of two manganese operations the companies jointly own, should they come for sale at the right price, CEO Graham Kerr said on Thursday.
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