Anglo American Is Seeking to Purchase Iron-Ore Assets as Prices Increase

Bloomberg reports Anglo American Plc (PINK:AAUKF) wants to acquire iron ore assets as the price of the steelmaking raw material rises.

The article is quoted as saying,

“We like iron ore and are determined to grow our iron ore business,” James Harman, head of business development for Anglo’s iron ore and coal unit, said today at a conference in Perth, Australia. “We remain on the lookout for quality iron ore opportunities globally, including Australia.”

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