Latest News About Dhilmar Ltd Australian steelmaking coal from Anglo American

Updated 2026-06-17 23:06

Dhilmar struck a deal to buy 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, to simplify its portfolio ahead of a merger, and also includes multiple Queensland mines plus a company town transfer, Middlemount. Dhilmar is also reported to buy Newmont's Éléonore mine in Canada for $795 million, with completion anticipated in early 2025, underscoring Dhilmar's role in strategic asset reshuffles across North America and Australia.

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