Anglo American Sells Queensland Steel‑making Coal Portfolio to Dhilmar for $2.3B Upfront, up to $1.58B Contingent

Deal Summary

Anglo American announced the sale of its Queensland steel‑making coal portfolio to Dhilmar as part of its shift towards copper and critical minerals. The agreement includes $2.3 bn in upfront cash and up to $1.58 bn in contingent payments tied to future coal prices. The deal underscores the broader transition in the Australian coal sector.