Anglo American Sells Stake in Australian Coal Mines

Anglo American agrees to divest stake in Jellinbah JV for $1.1bn
As a family that has been with Jellinbah since its inception, our increased investment not only reflects our confidence in Queensland’s coal industry but also our commitment
Anglo American to sell stake in Jellinbah
Anglo American has reached an agreement to sell its 33.3 per cent minority interest in Jellinbah to Zashvin for $1.6 billion.
Anglo American Offloads $1.1 Billion Coal Stake, Proceeds With Restructuring
Anglo American to sell 33.3% stake in Jellinbah Group to Zashvin for $1.1 billion and focus on copper, iron ore, and crop nutrients.Anglo American sells Jellinbah stake, focuses on copper, iron ore, and crop nutrients.
Anglo Agrees Coal Mine Stake Sale as Restructuring Continues
Anglo American Plc has agreed to sell its 33.3% minority stake in Australian coal miner Jellinbah Group to Zashvin Pty Ltd., it said in a filing.
Anglo American agrees to sell minority interest in Jellinbah for $1.1B
Anglo American (NGLOY) has agreed terms for the sale of its 33.3% minority interest in Jellinbah Group Pty Ltd, a joint venture that owns a 70%
Anglo to sell 33% stake in Australian steelmaking coal assets for $1.1 billion
JOHANNESBURG (Reuters) -Anglo American has agreed to sell a 33.3% stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, for A$1.
Anglo American to offload Australian coal mining stake for $1.1bn
Anglo American has agreed to sell its stake in an Australian coal mining joint venture for AS$1.6bn (US$1.1bn) as chief executive Duncan Wanblad pushes ahead with radical plans to streamline the business.
Anglo American To Sell 33.3% Stake In JV Jellinbah To Partner Zashvin In About $1.1 Bln Cash Deal
British miner Anglo American Plc (AAUKY.PK, AAL.L) announced Monday that it has agreed terms for the sale of its 33.3 percent
Anglo American Continues Coal Selloff With Australian Disposal
The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.
Anglo American to sell stake in Australian steelmaking coal mines for $1.1 billion
(Reuters) -UK-based Anglo American said on Monday that it will sell its minority stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia,
The Australian Financial Review1d
Eyes on Anglo American’s Moranbah mine after $1.6b Jellinbah sale
Gift 5 articles to anyone you choose each month when you subscribe. On Monday, LSE-listed Anglo American raised eyebrows when ...
Mining Weekly1d
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a ...
Materials Up After Mixed Earnings -- Materials Roundup
Producers of metals and other raw materials ticked up amid mixed earnings. Archer Daniels Midland shares slid after the food-processing and ethanol giant took a $461 million write-down on an ...
Billionaire pays $1.6b for Anglo’s stake in Qld mines
The tycoon already owns a share of the company behind the Jellinbah and Lake Vermont coal projects. He says the deal ...
Billionaire Sam Chong forks out $1.6bn in Anglo American coal mine deal
Brisbane billionaire Sam Chong will shell out $1.6bn for a major stake in two Queensland coal mines after agreeing to a deal ...