BHP, Anglo seek to sell joint assets

Cape Town - BHP Billiton [JSE:BIL] and Anglo American [JSE:AGL] are looking to sell their jointly owned manganese assets portfolio in South Africa and Australia, the Wall Street Journal reported, citing people familiar with the matter.

The newspaper said the assets include two mines in South Africa, one in Australia, and processing plants in both countries.

BHP owns 60% and Anglo 40% of the operations.

Earlier this week, Anglo American's subsidiary Anglo American Platinum [JSE:AMS], the world's No. 1 platinum producer, said it was selling its Union mine, its operations at Rustenburg and joint venture Pandora.