JOHANNESBURG, May 14 (Reuters) - Anglo American Platinum's Johannesburg-listed shares traded down around 10% in early trade on Tuesday, after parent company Anglo American said in a strategic review that it was exploring a demerger of its troubled platinum unit.
Anglo American is trying to fend off a takeover bid from the world's largest miner BHP Group. On Monday Anglo rejected a raised $43 billion offer from BHP.
Shares in Anglo unit Kumba Iron Ore were trading about 2.3% higher, reversing earlier losses. Under the strategic review laid out on Tuesday Kumba would stay within the Anglo group.