(IN BRIEF) Anglo American acknowledges Peabody Energy’s statement regarding the acquisition of its Australian steelmaking coal mines, confirming that a contained ignition incident occurred at Moranbah North mine in March 2025. The company has ensured the safe evacuation of personnel … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom
Tagged 2024 agreement, Anglo American, Australia, Material Adverse Change, mining incident, Moranbah North mine, partnership, Peabody acquisition, Peabody Energy, Resources Safety & Health Queensland, steelmaking coal, sustainabulity, transaction
(IN BRIEF) Anglo American has agreed to sell its steelmaking coal portfolio, including its Australian mines, to Peabody Energy for up to $3.775 billion, with total proceeds from this and a prior Jellinbah sale expected to reach $4.9 billion. The … Read the full press release
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