Latest News About Dhilmar to acquire Australian steelmaking coal assets from Anglo American

Updated 2026-06-17 23:06

Dhilmar struck a deal to buy Anglo American’s Australian steelmaking coal mines for up to about $3.9 billion in cash, 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, and includes a group of Queensland mines plus a company town transfer, Middlemount. Separately, Dhilmar has been reported as the buyer of Newmont's Éléonore gold 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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