Three Bidders Eye Anglo American Australian Coal Mines
Stanmore Resources and Mitsubishi are among those bidding for the steelmaking coal business. A deal could be finalized within the coming months for the assets.
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ANGLO AMERICAN PLC has reportedly attracted interest from at least three major suitors for its steelmaking coal operations in Australia, following the collapse of a previous multi-billion dollar deal. The London-listed mining giant is moving forward with the divestment process as part of a broader strategic restructuring.
