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COAL

Anglo sells Foxleigh mine

ANGLO American has decided to sell its 70% stake in the Foxleigh metallurgical coal mine in Queensland to a consortium led by Taurus Fund Management.

Andrew Duffy
Anglo sells Foxleigh mine

The deal will be completed through a sale of shares in the companies holding Anglo’s stake, and remains subject to several confidential conditions. The price of the sale was not disclosed. Taking stock...

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