Anglo Should Exit Iron Ore for its Shareholders, Investec Says
Anglo American Plc Added 1.6 Percent
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Anglo American Plc should sell its iron-ore assets and focus on diamond and platinum operations for the benefit of its shareholders, according to Investec Plc.
The producer of minerals from Australia to Brazil could raise as much as $4.66 billion selling assets in South Africa and Brazil, analysts Marc Elliott and Hunter Hillcoat said.