Anglo to sell Jellinbah Group stake for $1.6bn

Anglo American is pulling out of Queensland’s Jellinbah East and Lake Vermont coal mines through a $1.6 billion deal to sell its interest in Jellinbah Group.Buyer Zashvin is an existing shareholder in the Jellinbah joint venture, holding an equal 33.3 per cent stake alongside Anglo American and Marubeni.The sale is subject to regulatory approvals and is […]

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Industry Queensland
Industry Queensland