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.
EMED announced that the provincial government of Andalucia has unblocked the process required to grant the mineral rights for the Rio Tinto Mine to EMED Tartessus, the company’s wholly-owned Spanish subsidiary.
Further, the government has made a decision on the tailings dam issue and ruled that EMED will assume formal responsibility for its maintenance and operation.