The sale of Anglo American plc's (Anglo American) 33.3% shareholding in the Cerrejón joint venture (Cerrejón) to Glencore plc (Glencore) has been completed.
Glencore has been a longstanding 33.3% shareholder in Cerrejón alongside Anglo American and BHP and has concurrently acquired BHP’s 33.3% interest in Cerrejón. Glencore therefore now has 100% ownership and operating control of Cerrejón