Anglo American hired financial advisers to sell two nickel mines in Brazil, the miner’s country head, Ana Sanches, told journalists on Monday.
At an event in Belo Horizonte, Sanches said the company has already mapped firms with potential interest in buying the mines, which are located in the cities of Barro Alto and Niquelandia, both in the Brazilian state of Goias.
The two assets produce together about 38,000 tons of nickel per year.
Sanches did not name the financial advisors which had been hired or provide a specific timeline for the sales, but said she was not expecting any deal to be announced this year.
“We are now talking to companies around the world, there are trips already scheduled to strategic locations abroad to present the nickel project,” she said.
The country head added Anglo American could also sell some exploratory assets in other regions together with the two mines, depending on how the talks advance.
