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Eyes on Anglo American’s Moranbah mine after $1.6b Jellinbah sale

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On Monday, LSE-listed Anglo American raised eyebrows when it announced sale of its share of the Jellinbah and Lake Vermont mines for $1.6 billion amid a whole-of-portfolio auction. Now, there are questions if the up-for-grabs Queensland coal portfolio could shrink further ahead of binding bids next week.

Anglo American CEO Duncan Wanblad. Bloomberg

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/eyes-on-anglo-american-s-moranbah-mine-after-1-6b-jellinbah-sale-20241105-p5ko2z