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Anglo American to sell stake in Australian steelmaking coal mines for $1.1 billion
AngloAmerican logo on a uniform jacket

Published : 1 month ago, on

(Reuters) – Anglo American said on Monday that it will sell its minority stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia for A$1.6 billion ($1.06 billion).

($1 = 1.5156 Australian dollars)

 

(Reporting by Prerna Bedi in Bengaluru; Editing by Sonia Cheema)

 

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