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ANGLO AMERICAN PLC - Anglo American agrees sale of Callide coal mine to Batchfire Resources

Release Date: 20/01/2016 09:00
Code(s): AGL     PDF:  
Wrap Text
Anglo American agrees sale of Callide coal mine to Batchfire Resources

Anglo American plc
(Incorporated in England and Wales)
(Registration number: 3564138)
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM
(“the Company”)

Anglo American agrees sale of Callide coal mine to Batchfire Resources

Anglo American plc (“Anglo American”) announces that it has entered into a Share Sale
Agreement (“SSA”) with Batchfire Resources Pty Ltd (“Batchfire”) to sell its 100% interest in the
Callide thermal coal mine (“Callide”) in Queensland, Australia.

The transaction will be effected via a sale of shares in the subsidiary companies holding Anglo
American's interest in Callide. The transaction remains subject to several conditions precedent,
and its terms are confidential.

Callide consists of an open pit thermal coal mine and associated processing infrastructure that
produced 7.6 Mt of coal in 2014 (and 5.6 Mt in the first nine months of 2015), the majority of
which (4.7 Mt in 2014) was sold to two adjacent power stations under long term contracts.

20 January 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


For further information, please contact:

Media                                                                Investors
UK                                                                   UK
James Wyatt-Tilby                                                    Paul Galloway
Tel: +44 (0)20 7968 8759                                             Tel: +44 (0)20 7968 8718

Marcelo Esquivel                                                     Ed Kite
Tel: +44 (0)20 7968 8891                                             Tel: +44 (0)20 7968 2178

South Africa
Pranill Ramchander
Tel: +27 (0)11 638 2592

Shamiela Letsoalo
Tel: +27 (0)11 638 3112


Notes to editors:
Anglo American is a global and diversified mining business that provides the raw materials
essential for economic development and modern life. Our people are at the heart of our
business. It is our people who use the latest technologies to find new resources, plan and build
our mines and who mine, process and move and market our products – from bulk commodities
and base metals to precious metals and diamonds (through De Beers) – to our customers
around the world. Our diversified portfolio of products spans the economic development cycle
and, as a responsible miner, we are the custodians of precious resources. We work together
with our key partners and stakeholders to unlock the long-term value that those resources
represent for our shareholders, but also for the communities and countries in which we operate
– creating sustainable value and making a real difference. Our mining operations, growth
projects and exploration and marketing activities extend across southern Africa, South America,
Australia, North America, Asia and Europe.

www.angloamerican.com

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