Latest News About Dhilmar Australian steelmaking coal assets from Anglo American

Updated 2026-06-17 23:06

Dhilmar agreed to acquire Anglo American’s Australian steelmaking coal mines in a cash deal around $3.9 billion, with completion anticipated by early 2027, subject to regulatory clearances and other conditions. The deal follows Anglo American's broader exit from steelmaking coal, in a portfolio simplification ahead of a merger, and includes a group of Queensland mines and a company town transfer at Middlemount. In addition, Dhilmar is reported to acquire Newmont's Éléonore mine in Canada for $795 million, with completion anticipated in early 2025, marking Dhilmar's involvement in strategic asset reshuffles in both regions.

Sources