Latest News About Dhilmar Ltd steelmaking coal mines in Australia from Anglo American

Updated 2026-06-17 23:06

Dhilmar struck a deal to buy Anglo American's Australian steelmaking coal mines for up to USD3.88 billion in cash, set to close by early 2027, subject to regulatory clearances and other conditions. This sale accompanies Anglo American’s retreat from steelmaking coal, as part of a portfolio simplification ahead of a merger, and also includes a group of Queensland mines and a company town transfer at Middlemount. Separately, Dhilmar has been reported as the buyer of Newmont's Éléonore gold mine in Canada for $795 million, expected to close in early 2025, underscoring Dhilmar's role in strategic asset reshuffles across North America and Australia.

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