Business Times · 2d
Anglo-American to sell stake in Australian steelmaking coal mines for US$1.1 billion
UK-based Anglo-American said on Monday (Nov 4) that it will sell its minority stake in a joint venture that owns a 70 per cent interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia,
Moneyweb · 2d
ANGLO AMERICAN PLC – Anglo American agrees sale of its minority interest in Jellinbah for A$1.6 billion
Anglo American has agreed terms for the sale of its 33.3% minority interest in Jellinbah Group Pty Ltd (‘Jellinbah’), a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin Pty Limited (‘Zashvin’) for cash proceeds of A$1.6 billion (approximately US$1.1 billion).
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