MELBOURNE/SYDNEY, Nov 13 (Reuters) - The final bidders

for Anglo American's Australian coal assets are down to

Yancoal Australia ( YACAF ) , Stanmore Resources ( STMRF ) and

Peabody Energy Corp ( BTU ), three sources with knowledge of the

matter told Reuters.

The final bid submissions are due on Wednesday, said one of

the sources, who asked to remain unidentified.

Yancoal, Peabody and Anglo American declined to comment on

the bidding process. Stanmore did not immediately reply to a

request for comment.

Anglo is acting on a plan to restructure its business by

selling and divesting unwanted assets after fighting off a $49

billion takeover bid from larger rival BHP Group ( BHP ) in

May.

That has kicked off with the sale of its portfolio of five

steelmaking coal assets in Australia - Moranbah North,

Grosvenor, Capcoal, Dawson and Jellinbah.

Anglo last week agreed to sell a 33.3% stake in a joint

venture that owns a 70% interest in the Jellinbah East and Lake

Vermont steelmaking coal mines for A$1.6 billion ($1.04

billion).

The sales would end Anglo's active mining operations in

Australia but it will continue exploration activities in the

country.

The sales process is expected to conclude by the end of the

month, when a freeze on BHP making an approach for Anglo set

down by the UK takeovers legislation expires.

Analysts at Jefferies estimated the value of the five assets

at $4.5 billion before a fire at its Grosvenor mine earlier this

year.

($1 = 1.5342 Australian dollars)