Anglo America sells Foxleigh mine
Published by Harleigh Hobbs,
Editor
World Coal,
Anglo American has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia, to a consortium led by Taurus Fund Management, following the announcement of the sale and purchase agreement on 4 April this year.
Foxleigh is an opencast coal operation, which produces high-quality pulverised coal injection (PCI) coal, located in Queensland’s Bowen Basin, 12 km southwest of Middlemount.
Anglo American’s attributable share of Foxleigh’s saleable production was 1.86 million t in 2015.
The terms of the transaction remain confidential.
Edited from press release by Harleigh Hobbs
Read the article online at: https://www.worldcoal.com/mining/30082016/anglo-america-sells-foxleigh-mine-2329/
You might also like
Warrior awarded federal coal leases by the Bureau of Land Management
Warrior Met Coal has announced that its subsidiaries have been awarded federal coal leases by the Bureau of Land Management, enabling the expansion of its mining operations in Alabama.