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Anglo American sells Aussie coking coal business for $3.9bn

Anglo American PLC (LSE:AAL) has agreed to sell its Australian steelmaking coal business for up to US$3.875 billion (£2.9 billion) in cash as the miner continues to simplify its portfolio ahead of its planned merger with Canada's Teck. The sale to privately held UK company Dhilmar Ltd includes an upfront cash payment of US$2.3 billion on completion and a price-linked earnout worth up to US$1.575 billion over five years....

Proactive Investors - 5/18/2026 2:41:28 AM More News for AAL
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