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Report: Cargill looks at sale of metals, energy operations

U.S.-based commodities giant is mulling off-loadingits metals and energy operations, which include steel and iron ore, power andgas, and oil products, The Wall StreetJournal reported July 22, citing "people familiar with the matter."

The company is cutting down its operations to focus on itscore business of food and agriculture as part of a strategic review.

Cargill's annual trade totals about 40 million tonnes of ironore, 5 million tonnes of steel and 200 million tonnes of iron and steelderivatives.