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Foxleigh mine sale completed
After seeking a buyer for more than a year, Anglo American has completed its sale of its interest in the Foxleigh complex in the Bowen Basin region of Queensland, Australia, to a group led by Taurus Fund Management. The deal with the consortium was first inked as a sale and purchase agreement in early April. No financial or other related details were released. Anglo American first put Foxleigh on the market in February 2015, part of a plan to streamline its portfolio and concentrate on core assets. Anglo's attributable share of the open-cut Foxleigh operation, which produces pulverized coal injection tonnage, was 1.86 million metric tons last year.
Foxleigh mine sale completed
After seeking a buyer for more than a year, Anglo American has completed its sale of its interest in the Foxleigh complex in the Bowen Basin region of Queensland, Australia, to a group led by Taurus Fund Management. The deal with the consortium was first inked as a sale and purchase agreement in early April. No financial or other related details were released. Anglo American first put Foxleigh on the market in February 2015, part of a plan to streamline its portfolio and concentrate on core assets. Anglo's attributable share of the open-cut Foxleigh operation, which produces pulverized coal injection tonnage, was 1.86 million metric tons last year.
Foxleigh mine sale completed
2016
Article (Journal)
English
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