Global miner Anglo American paid US$347 million in taxes and royalties from its Australian operations in 2025, less than half the prior year’s total.

The figure is recored in its 2026 half year financial report.

The figure, down from US$783 million in 2024, reflected weaker earnings from the company’s Queensland steelmaking coal business.

Royalties and mining taxes fell the most, dropping to US$156 million from US$547 million a year earlier.

The company also recorded a corporate income tax credit of US$28 million, against a US$36 million charge in 2024.

Other taxes borne rose slightly to US$67 million, while taxes collected, such as payroll withholding, edged up to US$152 million.

Beyond taxes, Anglo American reported a total economic contribution in Australia of US$2,202 million for the year.

That included US$452 million in wages, US$1,402 million in procurement, almost all of it local, and US$332 million in capital spending.

Community and social investment totalled US$1 million, the report said.

Related: Anglo reaches $5bn-plus deal to sell Qld coal assets

Anglo is departing its Australian coal mining operations with assets that include its Bowen Basin steelmaking coal portfolio, spanning the Moranbah-Grosvenor, Capcoal and Dawson complexes.

Anglo agreed in May 2026 to sell its Queensland steelmaking coal business to UK-based Dhilmar for up to US$3.875 billion, after a deal with Peabody collapsed.

Anglo sold its Jellinbah interest in January 2025.