May 7, 2020 / 8:59 AM / 19 days ago

Anglo American considers spinning off South African coal operations

LONDON, May 7 (Reuters) - Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa on the Johannesburg Stock Exchange in the next two to three years to other available options.

In written responses to shareholders, Anglo said a demerger was its preferred method of exiting from the business, but that it was still considering other possibilities. (Reporting by Zandi Shabalala; Editing by Jan Harvey)

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