Anglo faces headwinds in keeping restructuring on track
Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.
* Usiminas to pay at least $1.16 bln for iron ore rights * Mineracao Usiminas’ Bruijn says IPO not immediate option * Plan helps steelmaker access long-term ore reserves * MBL mines neighbor Usiminas’ Serra Azul compound (Adds comments from Usiminas’