Anglo sells 12 per cent stake in CQ mine for $200m-plus

Anglo American is selling a 12 per cent stake in the Grosvenor coking coal mine to a consortium of Japanese companies for about $208 million ($US141 million). The group includes Nippon Steel Corp, Mitsui, Nippon Steel Trading Corp, Shinsho Corp and JFE Mineral Co. Anglo announced the move as ‘the equalisation of ownership’ across its … Continue reading Anglo sells 12 per cent stake in CQ mine for $200m-plus