The Times: Natural resources

Edited by Joe Bolger

10 August 04

Anglo American, the London-listed mining group, has sold a 16 per cent stake in Terra Industries, a US nitrogen products manufacturer, for $67 million (£36 million), but retains a 32 per cent holding.

Royal Dutch Shell and BASF are reportedly in talks with a US financial investor and a Russian energy company on the sale of Basell, their petrochemicals joint venture.

Webmasters note: The above are extracts from the “Natral resources” column in The Times: Current Shell Transport director Sir Mark Moody-Stuart is also the Chairman of Anglo American