'Tangible excitement' at Amplats ahead of expected Anglo spinoff
There is"tangible excitement" at Anglo American Platinum as the process to demerge the company from the Anglo American group has kicked off.
This is according to Anglo American Platinum CEO Craig Miller, who addressed delegates at the London Indaba on Wednesday. He said Amplats employees are excited about"what the future holds" for the company once it is unbundled. The plan to spin out Amplats came just last month amid BHP's subsequently failed takeover proposal for Anglo American — sans Amplats and Kumba Iron Ore — which prompted the group to hasten the launch of its own restructuring plan that will pare down its exposure to copper, iron ore and crop nutrients. South Africans need to be in the know if we want to create a prosperous future.
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