Latest News About Dhilmar to acquire steelmaking coal mines in Australia from Anglo American

Updated 2026-06-17 23:06

Dhilmar to acquire Anglo American's portfolio of steelmaking coal mines in Australia for up to USD3.88 billion in cash, with completion anticipated by early 2027, subject to regulatory approvals and other conditions. The move forms part of Anglo American's exit from steelmaking coal, in a portfolio simplification ahead of a merger, and includes several Queensland mines plus a company town transfer, Middlemount. In addition, Dhilmar is reported to acquire Newmont's Éléonore mine in Canada for $795 million, expected to close in early 2025, marking Dhilmar's involvement in strategic asset reshuffles in both regions.

Sources