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Tag: steelmaking coal mines

First coal leaves Peabody’s Centurion

Miners News

Peabody Energy, which is working on redevelop its Centurion mine in the Bowen Basin region of Queensland, has shipped first product from the hard coking coal property. The inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia the week of 9 December. Centurion is undergoing a ramp-up at the mine…

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Anglo American sells minority stake in Jellinbah

Miners News

Anglo American has agreed to sell its 33.3% minority interest in Jellinbah Group, a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin A$1.6 billion (US$1.1 billion). Zashvin is an existing 33.3% shareholder in Jellinbah alongside Anglo American and Marubeni. “The cash proceeds of A$1.6 billion reflect the…

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