Anglo American Sells Coal Portfolio For $3.8 Billion
Anglo American Sells Coal Portfolio For $3.8 Billion
Anglo American (OTC:AAUKF) has agreed to sell its Australian steelmaking coal portfolio to Peabody Energy (NYSE:BTU) for up to $3.8 billion. The sale marks another step toward future-facing commodities, following the $1.1 billion sale of its stake in the Jellinbah Group earlier this month.
安哥洛美洲(场外交易:AAUKF)已同意将其澳大利亚炼钢煤业务组合出售给peabody energy(纽交所:BTU),交易金额高达38亿美元。此次出售标志着通往未来商品的又一步,紧随本月早些时候以11亿美元出售其在Jellinbah Group的股份之后。
"We're pleased to acquire these world-class assets from Anglo American, a company that shares our strong values of safety, sustainability, and social license to operate," said Peabody CEO Jim Grech. "We look forward to integrating these assets, teaming up with their highly skilled workforce, and aligning with our new mine joint venture partners to create long-term value."
"我们很高兴从安哥洛美洲这样一个与我们在安全、可持续性和社会经营许可等价值观相符的公司手中收购这些世界一流的资产,"peabody能源首席执行官吉姆·格雷奇(Jim Grech)说道。"我们期待整合这些资产,与他们技术娴熟的团队合作,并与我们的新矿业合资伙伴合作,创造长期价值。"
This coal portfolio includes an 88% stake in the Moranbah North JV, a 70% interest in the Capcoal JV, and several other major interests, such as the Dawson and Roper Creek JVs. These assets are critical producers of metallurgical coal, essential for steelmaking, and should be meaningful contributors to Peabody's operations.
这一煤业务组合包括对Moranbah North JV的88%股权,对Capcoal JV的70%利益,以及对Dawson和Roper Creek JV等其他重要利益。这些资产是冶金煤的主要生产者,对炼钢至关重要,并应对Peabody的业务有意义的贡献。
Per the deal's terms, Anglo American will receive an upfront cash payment of $2.05 billion, deferred cash payments totaling $725 million, a price-linked earnout of up to $550 million, and $450 million contingent on the reopening of the Grosvenor mine. The deal will close by Q3 2025, pending regulatory approvals.
根据交易条款,安哥洛美洲将收到20.5亿美元的即期现金支付,总计72500万美元的递延现金支付,最高55000万美元的价格挂钩尾款,以及待Grosvenor煤矿重新开放后的45000万美元。交易将于2025年第三季度完成,取决于监管批准。
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"The sale of our steelmaking coal business is another important step toward delivering the strategy we set out in May to create a world-class copper, premium iron ore, and crop nutrients business. We're focused on streamlining costs, simplifying our portfolio, and unlocking market value," said Anglo American CEO Duncan Wanblad.
"出售我们的炼钢煤业务是迈出实现五月制定的战略的又一个重要步骤,打造世界一流的铜、优质铁矿石和农作物营养品业务。我们专注于简化成本、简化我们的业务组合,并释放市场价值,"安哥洛美洲首席执行官邓肯·万布拉德(Duncan Wanblad)表示。
The company has set a target of $1 billion in cost savings by 2025 and expects an additional $800 million in recurring pre-tax benefits. The broader restructuring plan includes divesting from coal, platinum, nickel, and diamonds. The demerger of Anglo American Platinum (Amplats) is expected by mid-2025, and the nickel business sale is progressing with strong interest.
该公司设定了2025年节约10亿美元的成本目标,并预计将获得额外80000万美元的经常性税前收益。更广泛的重组计划包括从煤炭、铂金、镍和金刚石中脱身。预计安哥洛美洲铂业(Amplats)将在2025年年中分拆,镍业务出售正处于蓬勃发展阶段。
The crown jewel of Anglo American's portfolio, De Beers, remains on books. Weaker Chinese diamond demand and an influx of synthetics have created persisting weakness, making asset sales unattractive.
安格洛美洲公司的明珠戴比尔斯仍然在资产负债表上。较弱的中国钻石需求和合成钻石的大量涌入导致持续疲软,使资产销售不具吸引力。
Earlier this year, Anglo American embarked on a major restructuring to fend off a takeover bid from BHP. To position itself for long-term growth, the company is focusing on high-margin, future-facing minerals like copper, quality iron ore, and crop nutrients.
今年早些时候,安格洛美洲公司进行了一项重大重组,以抵御来自必和必拓的收购要约。为实现长期增长,公司正在专注于高毛利、面向未来的矿物,如铜、高质量铁矿石和作物营养素。
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