{"id":678241,"date":"2026-05-18T08:26:09","date_gmt":"2026-05-18T08:26:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/678241\/"},"modified":"2026-05-18T08:26:09","modified_gmt":"2026-05-18T08:26:09","slug":"anglo-american-sells-central-queensland-coal-mines-to-uk-company","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/678241\/","title":{"rendered":"Anglo American sells central Queensland coal mines to UK company"},"content":{"rendered":"

Anglo American says it has sold its five steelmaking coal mines in central Queensland to a United Kingdom mining company for up to $5.43 billion.<\/p>\n

The sale to Dhilmar Ltd includes Anglo’s interests in Moranbah North and Grosvenor Mines, Capcoal, Roper Creek, Dawson South and Theodore South joint ventures.<\/p>\n

It also includes the town of Middlemount where the company provides housing, a shopping centre, childcare and a medical centre.<\/p>\n

Anglo American chief executive Duncan Wanblad said in a statement that Dhilmar had considerable experience in operating major mining assets, including in steelmaking coal, in South East Asia and Canada.<\/p>\n

“We will work together with the Dhilmar team and with our workforce, local communities, government, customers and partners to ensure a successful transition,” he said.<\/p>\n

The sale is subject to conditions including competition and regulatory approvals.<\/p>\n

Deal dispute continues<\/p>\n

The sale follows the collapse of an earlier sale to American miner Peabody Energy, which pulled out of the deal using a “material adverse change” (MAC) clause following a fire at the Moranbah North underground mine<\/a>.\u00a0<\/p>\n

The Peabody sale was also conditional on the neighbouring Grosvenor mine returning to production after an underground explosion<\/a>.<\/p>\n

\"Smoke<\/p>\n

Smoke billows from ventilation shafts after a fire broke out inside the Grosvenor Coal Mine near Moranbah in June 2024. (Supplied: Anglo American)<\/p>\n

Mr Wanblad said the company remained in arbitration with Peabody.<\/p>\n

Anglo alleged that Peabody had wrongfully terminated the deal, and that an “ignition event” at Moranbah North did not constitute an MAC.<\/p>\n

‘Wholesale exchange’ of communities<\/p>\n

Speaking on ABC Tropical North radio ahead of the sale announcement, Isaac Regional Council Mayor Kelly Vea Vea said the sale was not just about the transfer of mining leases.<\/p>\n

“We are talking the wholesale exchange of communities out there,” Cr Vea Vea said.<\/p>\n

“This is over 800 houses, water provision, child care. This is commercial spaces really that go in part with the Anglo American sale.”<\/p>\n

Councillor Vea Vea said the future of communities and the continued employment of workers had to be at the forefront of the sale.<\/p>\n","protected":false},"excerpt":{"rendered":"Anglo American says it has sold its five steelmaking coal mines in central Queensland to a United Kingdom…\n","protected":false},"author":2,"featured_media":678242,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[62129,326895,64,63,99,12334,326893,326891,101158,227720,326894,326896,326892],"class_list":["post-678241","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-anglo-american","tag-anglo-american-coal-mines-sold","tag-au","tag-australia","tag-business","tag-coal-mining","tag-grosvenor-explosion","tag-indonesian-coal","tag-isaac-regional-council","tag-kelly-vea-vea","tag-mine-sale","tag-mines-in-central-qld-sold","tag-underground-mine-fire"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/678241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=678241"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/678241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/678242"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=678241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=678241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=678241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}