Anglo boss eyes healthy coal exit

Original article by Nick Evans
The Australian – Page: 17 & 20 : 17-Feb-20

Anglo American will decide whether to sell its remaining coal mines by the end of 2020, says CEO Mark Cutifani. He notes that thermal coal now accounts for less than five per cent of group EBITDA, after selling a number of thermal coal mines in recent years. However, he adds that finding buyers for thermal coal mines has become more challenging, given that other mining companies are exiting the sector.

CORPORATES
ANGLO AMERICAN PLC, BHP GROUP LIMITED – ASX BHP, GLENCORE PLC

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s