Australia's South32 not interested in Anglo's GEMCO share unless at a discount, CEO says

Reuters

2025/02/13

MELBOURNE, Feb 13 (Reuters) - Australian miner South32 Ltd's S32.AX CEO Graham Kerr said on Thursday he did not see any reason to buy Anglo American's AAL.L shares in GEMCO unless it was at a discount.

South 32 operates and markets material from the Groote Eylandt Mining Co's (GEMCO) manganese operation in northern Australia.

(Reporting by Melanie Burton in Melbourne; Editing by Kim Coghill)

((melanie.burton@thomsonreuters.com;))

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