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Kumba ruling opens iron ore door to Anglo

ANGLO American has won the right to acquire a 35% stake in South Africa's Kumba Resources, effect...

Tim Treadgold

Kumba is South Africa’s biggest iron ore miner but also has a 50% stake in the Hope Downs project in WA’s Pilbara. Anglo, which has been looking for a way to create a global iron ore division, was opposed...

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