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 To Sell 33.3% Stake In JV Jellinbah To Partner Zashvin In About $1.1 Bln Cash Deal
British miner Anglo American Plc (AAUKY.PK, AAL.L) announced Monday that it has agreed terms for the sale of its 33.3 percent
Anglo American divests $1.1bn stake in Australian coal mines
This strategic divestment follows Anglo American’s plan to streamline operations, which now include systematic exits from its platinum group metals, diamonds, and steelmaking coal sectors.
Anglo American sells Australian coal JV stake for $1.1 billion
Anglo has agreed to sell its 33.3% stake in Jellinbah Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines.
Anglo American agrees to sell minority interest in Jellinbah for $1.1B
Anglo American (NGLOY) has agreed terms for the sale of its 33.3% minority interest in Jellinbah Group Pty Ltd, a joint venture that owns a 70%
Anglo American’s $1.1B Stake Sale
Anglo American PLC, the London-listed mining giant, announced on Monday that it has agreed to sell its minority stake in an Australian coal joint venture to Zashvin Pty Ltd. for AU$1.6 billion (about $1.
Anglo American to offload Australian coal mining stake for $1.1bn
Anglo American has agreed to sell its stake in an Australian coal mining joint venture for AS$1.6bn (US$1.1bn) as chief executive Duncan Wanblad pushes ahead with radical plans to streamline the business.
Anglo American to Sell Stake in Australian Coal Miner Jellinbah
Anglo American Plc has agreed to sell its 33.3% minority stake in Australian coal miner Jellinbah Group to Zashvin Pty Ltd., it said in a filing.
Anglo American Continues Coal Selloff With Australian Disposal
The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.
Anglo to sell 33% stake in Australian steelmaking coal assets for $1.1 billion
JOHANNESBURG (Reuters) -Anglo American has agreed to sell a 33.3% stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, for A$1.
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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 ...
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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 ...
Billionaire Sam Chong pays $1.6b for Anglo’s stake in Queensland mines
The tycoon already owns a share of the company behind the Jellinbah and Lake Vermont coal projects. He says the deal ...
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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Anglo American to sell 33% stake in Australian coal mines for $1.1 billion
British mining multinational Anglo American has agreed to sell its 33.3 per cent stake in joint venture Jellinbah Group Pty Ltd, to Zashvin Pty Limited for A$1.6 billion ($1.1 billion) in cash.