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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 (OTC:AAUKF) has agreed to sell its 33.3% stake in the Jellinbah Group to Zashvin for $1.1 billion. Per the plan laid out earlier this year, the company is focusing on copper, iron ore,
1d
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 ...
Crude Oil Prices
1d
Oil Markets on Edge Ahead of Tight U.S. Presidential Election
Mining giant AngloAmerican (LON:AAL) has agreed to sell its 33.3% minority stake in the Jellinbah metcoal joint venture to Australian power generation firm
Zashvin
for $1.1 billion, as part of ...
1d
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 ...
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