Anglo American progresses steelmaking coal sale to Peabody, Moranbah mine update

Anglo American PLC (JSE: AGL) announced it is working towards satisfying remaining conditions for the sale of its Australian steelmaking coal business to Peabody Energy, as initially agreed on November 25, 2024. The company also addressed the temporary suspension of mining operations at the Moranbah North mine following a minor underground ignition on March 31, 2025. Anglo American stated that conditions in the mine have normalized and are stable, with no evidence of damage. The company is working with industry experts and Resources Safety & Health Queensland to expedite re-entry and safe resumption of mining operations. The company has a primary listing on the Main Market of the London Stock Exchange and secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange, and the SIX Swiss Exchange.