Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 20 : 17-Jun-15
Anglo American, Vale and Peabody Energy are among the companies that are believed to be keen to sell some of their coal mines in Australia. Coal Ventures director Bede Boyle suggests that New Hope Coal, Glencore and private equity firms are the most likely contenders to buy coal assets. However, Marian Hookham of IHS Coal says many potential buyers appear to be biding their time on expectations of further weakness in the price of coal.
CORPORATES
ANGLO AMERICAN PLC, PEABODY ENERGY CORPORATION, VALE SA, NEW HOPE CORPORATION LIMITED – ASX NHC, GLENCORE PLC, INTERNATIONAL COAL VENTURES LIMITED, IHS COAL, BHP BILLITON LIMITED – ASX BHP, MITSUBISHI CORPORATION, ITOCHU CORPORATION, SUMISHO COAL AUSTRALIA PTY LTD