Anglo American sells Drayton coal mine

Anglo American sells Drayton coal mine

Anglo American announced the completion of the sale of its 88.17% interest in the Drayton thermal coal mine and Drayton South project (Drayton).

Drayton is in New South Wales, Australia. The terms of the transaction remain confidential.

Mark Cutifani, Chief Executive of Anglo American, says, “The sale of Drayton marks further progress in the transformation of our globally diversified portfolio, focused around our largest and most competitive assets.”

Anglo American ceased mining activities at the Drayton mine during 2016.


 

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