Home Nippon Steel acquires interest in Grosvenor coal mine Anglo American has sold a 12% interest in the Grosvenor coal mine in Queensland, Australia, to a consortium of Japanese companies, including steelmaker Nippon Steel, it said on Wednesday November 27. Under the terms of the agreement, which is subject to a number of conditions prior to completion, Anglo American will receive cash proceeds of approximately $141 million in respect of the 12% minority interest in the Grosvenor mine. The value of Nippon Steel’s acquisition is A$86.4 million ($57.3 million), the steel maker said... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service. Already registered? Log in Subscribe to the latest news: Personalized live and breaking news alerts Access live news and market information Access our market news archive back to 1997 Buy now Take a FREE 7 day trial: Access the past month's market insights Coverage from our experts embedded in the markets Try our global metal company database Take a trial Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Deepali Sharma November 27, 2019 09:05 GMT Singapore Keywords Nippon Steel Grosvenor coal mine Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
