Anglo American has agreed to sell its five steelmaking coal mines in central Queensland to UK-based mining company Dhilmar Ltd for up to $5.43 billion, subject to regulatory approvals. The assets include Moranbah North, Grosvenor, Capcoal, Roper Creek, Dawson South and Theodore South joint ventures, as well as the company-owned town of Middlemount. Anglo American said Dhilmar brings experience operating mining assets in Canada and Southeast Asia and will work with stakeholders to ensure a smooth transition. The deal follows the collapse of an earlier sale to Peabody Energy, which withdrew citing a material adverse change clause after operational incidents at the Moranbah North and Grosvenor mines. Local leaders have raised concerns about the broader impact on community infrastructure and services tied to the mining operations.
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Anglo American Sells Central Queensland Coal Mines to UK Company in $5.43 Billion Deal
By Neha Maurya · Published 18 May 2026
Mackay, Queensland · Queensland News
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Five major steelmaking coal mines and associated assets, including the Middlemount community, included in sale to Dhilmar Ltd.
Anglo American has agreed to sell its five steelmaking coal mines in central Queensland to UK-based mining company Dhilmar Ltd for up to $5.43 billion, subject to regulatory approvals. The assets include Moranbah North, Grosvenor, Capcoal, Roper Creek, Dawson South and Theodore South joint ventures, as well as the company-owned town of Middlemount. Anglo American said Dhilmar brings experience operating mining assets in Canada and Southeast Asia and will work with stakeholders to ensure a smooth transition. The deal follows the collapse of an earlier sale to Peabody Energy, which withdrew citing a material adverse change clause after operational incidents at the Moranbah North and Grosvenor mines. Local leaders have raised concerns about the broader impact on community infrastructure and services tied to the mining operations.
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