Anglo American has agreed to sell its remaining steelmaking coal business for a cash price of up to $3.9bn, including an upfront payment of $2.3bn.
The deal is conditional upon several factors, including regulatory clearances, and is expected to close early in 2027.
Having recently completed on the $1bn sale of its stake in the Jellinbah mine, this deal would conclude Anglo’s exit from the steelmaking coal industry.
The shares fell 1.6% in early trading.
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Anglo American key facts
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