Peabody terminates planned acquisition with Anglo American
Peabody has terminated purchase agreements with Anglo American, claiming a ‘material adverse change’ relating to Anglo’s steelmaking coal assets.
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Delta Dunia Group has entered into a binding agreement with Peabody Energy to acquire a controlling interest in the Dawson Coal Mining Complex, one of Australia’s largest metallurgical coal mines.
Anglo American has entered into definitive agreements to sell the entirety of its steelmaking coal business, generating nearly US$5 billion in aggregate gross cash proceeds.
Anglo American has agreed terms for the sale of its minority interest in Jellinbah Group, a joint venture that owns a majority interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin for cash proceeds.
Anglo American has suspended production at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition incident.
Simon Nicholas, Lead Analyst – Global Steel at IEEFA, comments on BHP’s takeover bid for Anglo American and its potential implications for the steel and coal industries.
Anglo American has been granted a mining lease to expand its coal mine in Queensland, Australia.
DXN Ltd has entered into a contract with AngloAmerican to fabricate and supply a modular data centre to the Capcoal mining complex.
Anglo American has sourced a supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corp.
Anglo American has announced the sale of the group’s remaining 8.0% shareholding in Thungela Resources Ltd.
