Callide thermal coal mine

RNS Number : 5500W

Anglo American PLC

22 November 2010

 



22 November 2010
Anglo American announces intention to divest Callide thermal coal mine in Australia

Anglo American plc ("Anglo American") announces its decision to begin a divestment process for its Callide thermal coal mine in Central Queensland, Australia.

The strategy for Anglo American's Metallurgical Coal business, based in Australia, is to focus on growing its metallurgical coal and high margin export thermal coal businesses.

The Callide mine primarily supplies domestic power stations in Queensland and is wholly owned by Anglo American. The mine produced 8.8 million tonnes of thermal coal in 2009 and has expansion potential from its resource base of more than 1 billion tonnes.

For further information, please contact:

United Kingdom

James Wyatt-Tilby, Media Relations

Tel: [phone]

Leisha Wemyss, Investor Relations

Tel: [phone]                        

South Africa

Pranill Ramchander, Media Relations

Tel: [phone]

Anna Mulholland, Investor Relations

Tel: [phone]

Kgapu Mphahlele, Investor Relations

Tel: [phone]

Notes to editors:

Anglo American plc is one of the world's largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Anglo American's portfolio of mining businesses spans precious metals and minerals - in which it is a global leader in both platinum and diamonds; base metals - copper and nickel; and bulk commodities - iron ore, metallurgical coal and thermal coal. Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company's mining operations and extensive pipeline of growth projects are located in southern Africa, South America, Australia, North America and Asia. www.angloamerican.com

 

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