Hulamin Shares Advance 6.2 Percent on Their Debut on South African Bourse

(Bloomberg) -- Shares of Hulamin Ltd., Africa's
largest aluminum processor, climbed 6.2 percent on their first
day of trading in Johannesburg, valuing the company at 7.3
billion rand ($1.03 billion).

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