Get started

Anglo American agrees to sell Amapá iron ore operation

Anglo American has agreed to sell its 70% interest in the Amapá iron ore operation in Brazil to Zamin Ferrous.

January 4, 2013
By Generic people page

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The terms of the transaction remain undisclosed and the deal is subject to regulatory approval, the miner said on Friday January 4.

“Anglo American has always maintained that it does not envisage holding its interest in Amapá over the long term and, in July 2012 […] stated that it was exploring the possibility of divesting its interest,” a statement from the miner read.

Anglo American acquired Amapá in 2008 and increased its production to 4.8 million tonnes in 2011 from 1.2 million tonnes.

Zamin Ferrous has been operating in Brazil since 2005 and owns a combined 1.5 billion tonnes of potential iron ore resources in the country.

What to read next
Early publication of steel hot-rolled coil index, fob mill US Midwest
Fastmarkets’ daily steel hot-rolled coil index, fob mill US Midwest, $/cwt for Thursday November 13 was published earlier than scheduled due to an error. Fastmarkets’ pricing database has been updated.
November 13, 2025
Mineral, Crystal, Accessories
US critical minerals policy: Building partnerships outside of China
Ex-China markets will remain reliant on China for the processing of critical minerals as long as the investment focus in the rest of the world stays firmly on the expansion of mined output.
November 12, 2025
 · 
By Amy Bennett
Launch of West HRC index, delivered Los Angeles
Fastmarkets launched MB-STE- 0944 steel hot-rolled coil index, delivered Los Angeles, on Tuesday November 11, 2025.
November 11, 2025
Coil, Spiral, Tape
Chinese steel concerns: Brazilian importers warn of alleged fakes
Growing reports of Chinese steel allegedly entering Brazil with mislabeled material, falsified quality grades and manipulated documentation have raised concerns among traders, importers and distributors, who warn that the practice is distorting competition, damaging reputations and putting end-user safety at risk.
November 11, 2025
 · 
By Ana Enis
Fastmarkets to include EU CBAM costs for aluminium P1020A premium fca dp Italy, Spain
The inclusion of CBAM costs will enable the assessments to better reflect how the spot market is expected to trade from 2026 onward, based on supply and demand fundamentals. This means the CBAM certificate costs may not always fully be reflected or passed on from seller to buyer in the spot FCA DP prices. The […]
November 10, 2025
 · 
By Fastmarkets pricing team
Architecture, Building, Capitol Hill
Trump v Supreme Court: IEEPA tariffs under the spotlight
The Supreme Court is examining whether former President Trump exceeded his authority by imposing IEEPA tariffs during a national emergency, a case that could redefine the limits of presidential power and influence global trade dynamics.
November 7, 2025
 · 
By Alesha Alkaff