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Anglo American has at least three suitors for Australian coal business, Bloomberg News reports
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Anglo American has at least three suitors for Australian coal business, Bloomberg News reports
Apr 23, 2026 5:05 AM

April 23 (Reuters) - Anglo American has at least

three potential buyers for its Australian steelmaking coal

business after its unsuccessful deal with Peabody Energy ( BTU )

for the assets, Bloomberg News reported on Thursday, citing

people familiar with the matter.

Australian miner Stanmore Resources ( STMRF ), Japan's

Mitsubishi Corp ( MSBHF ) and Indonesia-based PT Buma

Internasional Grup are among the bidders for the coal

assets, the report added.

Reuters could not independently verify the report. Anglo,

Stanmore, Mitsubishi ( MSBHF ) and Buma Internasional did not immediately

respond to Reuters' request for comments.

A deal could be announced in coming months, according to

Bloomberg.

Peabody withdrew its $3.78 billion bid for Anglo American's

Australian coking coal assets in August, and the London-listed

miner initiated an arbitration against the U.S.-based coal

miner.

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