Grosvenor minority stake sale to hit Anglo met coal production

ANGLO American has lowered its 2020 metallurgical coal production outlook to 21-23 million tonnes from 22-24Mt due to the sale of 12% of its Grosvenor longwall mine in Queensland to joint venture partners.

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Grosvenor minority stake sale to hit Anglo met coal production Grosvenor minority stake sale to hit Anglo met coal production Grosvenor minority stake sale to hit Anglo met coal production Grosvenor minority stake sale to hit Anglo met coal production Grosvenor minority stake sale to hit Anglo met coal production

Anglo American's decision to sell 12% of its Grsovenor to Japanese minority partners from its Moranbah North will impact production figures.

Anglo American announced in November that it would sell the 12% stake to its Japanese minority partners in the nearby Moranbah North mine for about US$141 million.

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