Anglo American agrees sale of Jellinbah minority interest for A$1.6 billion

Anglo American agreed to sell its 33.3% minority interest in Jellinbah Group Pty Ltd, which owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin Pty Limited for A$1.6 billion (approximately US$1.1 billion). The sale is subject to regulatory approvals and expected to complete in Q2 2025.

“We are delighted to have agreed terms with our JV partner, Zashvin, for the sale of our minority interest in Jellinbah.”listcorp.com

• 1 source
• listcorp.comAnglo American agrees sale of its minority interest in Jellinbah for A$1.6 billion - Anglo American plc (JSE:AGL) - Listcorp.Nov 4, 2024

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