Drill and Deal

Deals / Dhilmar – Anglo American’s Australian steelmaking coal mines

Coal · announced 18 May 2026 · pending

Dhilmar – Anglo American’s Australian steelmaking coal mines

After Peabody walked away, Anglo accepted more contingent value to complete its exit from coal.

Acquirer
Dhilmar
Target
Anglo American’s Australian steelmaking coal mines
Announced
Metal
Coal
Announced value
up to $3.875bn
Structure
Cash and a price-linked earn-out
Status
Pending
Main asset
Bowen Basin · See it on the globe