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Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal Proprietary Limited (the "Purchaser"), which is owned …
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08 April, 2021. Anglo American plc ("Anglo American") announces the demerger of its thermal coal operations in South Africa, subject to the approval of Anglo American's shareholders on 5 May 2021. The separation will be implemented through the transfer of Anglo American's thermal coal operations in South Africa to a new holding company ...
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Importantly, the deal gives it access to markets in Europe, Asia and the United States as well as adding another 17.3 Mt in coking and steaming coal production to Anglo's current production - coal sales in 1999 totalled 62 Mt. Shell's resource base of over 5 billion tonnes is capable of supporting substantial future expansion expected from the ...
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