Anglo American to sell 33.3% stake in Jellinbah Group to Zashvin for $1.1 billion and focus on copper, iron ore, and crop nutrients.Anglo American sells Jellinbah stake, focuses on copper, iron ore, and crop nutrients.

Anglo American has reached an agreement to sell its 33.3 per cent minority interest in Jellinbah to Zashvin for $1.6 billion.

(Reuters) -UK-based Anglo American said on Monday that it will sell its minority stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia,