Anglo American completes sale of Callide mine

RNS Number : 8134N
Anglo American PLC
31 October 2016
 

 

 

31 October 2016

Anglo American completes sale of Callide mine in Australia

 

 

Anglo American plc ("Anglo American") announces the completion of the sale of its wholly owned interest in the Callide thermal coal mine ("Callide") in Queensland, Australia to Batchfire Resources Pty Ltd, following the announcement of the share sale agreement on 20 January 2016.

 

Callide consists of an open cut thermal coal mine and associated processing infrastructure that produced 7.9Mt of coal in 2015 (and 5.5Mt in the first nine months of 2016), the majority of which was sold to two adjacent power stations under long term contracts.

 

The terms of the transaction remain confidential.

 

 

 

 

For further information, please contact:

 

 

Media

 

Investors

UK

James Wyatt-Tilby

james.wyatt-tilby@angloamerican.com

Tel: +44 (0)20 7968 8759

 

Marcelo Esquivel

marcelo.esquivel@angloamerican.com

Tel: +44 (0)20 7968 8891

 

 

UK

Paul Galloway

paul.galloway@angloamerican.com

Tel: +44 (0)20 7968 8718

 

Trevor Dyer

trevor.dyer@angloamerican.com

Tel: +44 (0)20 7968 8992

 

South Africa

Pranill Ramchander

pranill.ramchander@angloamerican.com

Tel: +27 (0)11 638 2592

 

Ann Farndell

ann.farndell@angloamerican.com

Tel: +27 (0)11 638 2786

 

Sheena Jethwa

sheena.jethwa@angloamerican.com

Tel: +44 (0)20 7968 8680

 

 

 

 

 

Notes to editors:

 

Anglo American is a globally diversified mining business. Our portfolio of world-class competitive mining operations and undeveloped resources provides the raw materials to meet the growing consumer-driven demands of the world's developed and maturing economies. Our people are at the heart of our business. It is our people who use the latest technologies to find new resources, plan and build our mines and who mine, process and move and market our products - from diamonds (through De Beers) to platinum and other precious metals and copper - to our customers around the world.

 

As a responsible miner, we are the custodians of those precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate - creating sustainable value and making a real difference.

 

www.angloamerican.com

 

     


This information is provided by RNS
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