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Evening Standard
Evening Standard
National
Henry Saker-Clark

Anglo American to sell Australian steelmaking coal mines for £2.9bn

Anglo American Coal Australia Teck Resources United Kingdom
London-listed mining giant Anglo American has agreed a deal to merge with Canadian rival Teck Resources (PA) -

Anglo American has agreed to sell its Australian steelmaking coal mines in a deal worth up to 3.88 billion US dollars (£2.9 billion).

The FTSE 100 mining giant said it will sell the operations to fellow UK-based miner Dhilmar.

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