Latest News About Dhilmar Ltd steelmaking coal mines in Australia from Anglo American

Updated 2026-06-17 23:06

Dhilmar struck a deal to buy Anglo American’s portfolio of steelmaking coal mines in Australia in a cash deal around $3.9 billion, with completion anticipated by early 2027, subject to regulatory approvals and other conditions. The deal follows Anglo American's broader exit from steelmaking coal, as part of a portfolio simplification ahead of a merger, plus several Queensland mines along with Middlemount town transfer. In addition, Dhilmar is reported to acquire Newmont's Éléonore mine in Canada for $795 million, with completion anticipated in early 2025, marking Dhilmar's involvement in strategic asset reshuffles in both regions.

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