| Mon 22 Nov 2010, 9:22 | | AGL - Anglo American plc - Anglo American announces intention to divest Callide |
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AGL
ANAAL
AGL - Anglo American plc - Anglo American announces intention to divest Callide
thermal coal mine in Australia
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo American announces intention to divest Callide thermal coal mine in
Australia
Anglo American plc ("Anglo American") announces its decision to begin a
divestment process for its Callide thermal coal mine in Central Queensland,
Australia.
The strategy for Anglo American`s Metallurgical Coal business, based in
Australia, is to focus on growing its metallurgical coal and high margin export
thermal coal businesses.
The Callide mine primarily supplies domestic power stations in Queensland and is
wholly owned by Anglo American. The mine produced 8.8 million tonnes of thermal
coal in 2009 and has expansion potential from its resource base of more than 1
billion tonnes.
For further information, please contact:
United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
Leisha Wemyss, Investor Relations
Tel: +44 (0)20 7968 8607
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
Anna Mulholland, Investor Relations
Tel: +27 (0)11 373 6683
Kgapu Mphahlele, Investor Relations
Tel: +27 (0)11 373 6239
Notes to editors:
Anglo American plc is one of the world`s largest mining companies, is
headquartered in the UK and listed on the London and Johannesburg stock
exchanges. Anglo American`s portfolio of mining businesses spans precious metals
and minerals - in which it is a global leader in both platinum and diamonds;
base metals - copper and nickel; and bulk commodities - iron ore, metallurgical
coal and thermal coal. Anglo American is committed to the highest standards of
safety and responsibility across all its businesses and geographies and to
making a sustainable difference in the development of the communities around its
operations. The company`s mining operations and extensive pipeline of growth
projects are located in southern Africa, South America, Australia, North America
and Asia. www.angloamerican.com
22nd November 2010
Sponsor: UBS South Africa (Pty) Ltd
Date: 22/11/2010 09:22:02 Produced by the JSE SENS Department.
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