LONDON, Feb 24 (Reuters) - Rand Refinery, one of the world'sbiggest gold refineries, will replace Johnson Matthey inmanaging an Anglo American financing scheme that aims to supportSouth African platinum jewellers, the metal producer said onMonday.
Johnson Matthey, the world's leading manufacturerof catalysts to control car emissions, gave notice to Anglo thatit will terminate from June 30 its involvement in the programme,which offers financing to South African manufacturers who buyplatinum to help them compete with international players.
Anglo American Platinum, last year terminated along-standing platinum supply contract with Johnson Mattheywhich had included a discount and marketing arrangements, as theplatinum producer tried to cut costs.
Anglo said it will release more detailed informationtogether with Rand Refinery at a later stage.
Rand Refinery is owned by a group of South African goldmining companies, including AngloGold Ashanti, HarmonyGold Mining Company and Gold Fields.
Anglo American (AAL)
Johnson Matthey (JMAT)
