Latest News About Dhilmar Australian steelmaking coal assets from Anglo American

Updated 2026-06-17 23:06

Dhilmar agreed to acquire Anglo American's portfolio of steelmaking coal mines in Australia in a cash deal around $3.9 billion, set to close by early 2027, pending regulatory clearances and conditions. This sale accompanies Anglo American’s retreat from steelmaking coal, to simplify its portfolio 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, highlighting Dhilmar's role in strategic asset reshuffles in North America and Australia.

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