Business
Update on sale of steelmaking coal business
Update on sale of steelmaking coal business.
About this update from Anglo American Plc
[{"type":"text","content":"\n\n\n\n\n\n10 April 2025\n\n\n\n\nAnglo American update on sale of steelmaking coal business to Peabody\n\n\n\n\n\n\n\n\n\nAnglo American plc (\"Anglo American\") notes the recent statement issued by Peabody Energy (\"Peabody\") in relation to the definitive agreements announced on 25 November 2024 for Peabody to acquire Anglo American's portfolio of steelmaking coal mines in Australia (\"the Transaction\").\n \nAnglo American continues to work with Peabody towards satisfying the remaining customary conditions in those agreements that are required for completion of the Transaction.\n \nAnglo American is also making progress in relation to the temporary suspension of mining operations at the Moranbah North mine following what we believe to have been a minor ignition in the underground area of the mine on 31 March. Conditions in the mine normalised shortly afterwards and they remain stable, with data and camera footage showing no evidence of damage. Anglo American is working alongside industry experts and the safety regulator, Resources Safety & Health Queensland, to expedite re-entry into the mine and the subsequent safe resumption of mining operations.\n \n \n \n \nFor further information, please contact:\n \n\n\n\n\nMedia\n\n\n\n\n\nInvestors\n\n\n\n\n \nUK\nJames Wyatt-Tilby\[email protected]\nTel: +44 (0)20 7968 8759\n \nMarcelo Esquivel\[email protected]\nTel: +44 (0)20 7968 8891\n \nRebecca Meeson-Frizelle\[email protected]\nTel: + 44 (0)20 7968 1374\n \nSouth Africa\nNevashnee Naicker\[email protected]\nTel: +27 (0)11 638 3189\n \nErnest Mulibana [email protected]\nTel: +27 82 263 7372\n \n \n\n\n\n\n\n \nUK\nTyler Broda\[email protected]\nTel: +44 (0)20 7968 1470\n \nEmma Waterworth [email protected]\nTel: +44 (0) 20 7968 8574\n \nMichelle West-Russell\[email protected] \nTel: +44 (0)20 7968 1494\n \nAsanda Malimba\[email protected]\nTel: +44 (0)20 7968 8480\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNotes:\nAnglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients - f...