(Bloomberg) -- Hulamin Ltd., Africa's largest
aluminum processor, began trading at 32 rand a share in
Johannesburg, giving the company a market value of 6.9 billion
rand ($963.9 million).
Hulamin was spun out of Tongaat-Hulett, Africa's second-
largest sugar producer, as part of Anglo American Plc's plan to
focus on mining. Anglo, the world's second-largest mining
company, owns 38 percent of Hulamin.
Read more at Bloomberg Emerging Markets News
aluminum processor, began trading at 32 rand a share in
Johannesburg, giving the company a market value of 6.9 billion
rand ($963.9 million).
Hulamin was spun out of Tongaat-Hulett, Africa's second-
largest sugar producer, as part of Anglo American Plc's plan to
focus on mining. Anglo, the world's second-largest mining
company, owns 38 percent of Hulamin.
Read more at Bloomberg Emerging Markets News
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