Anglo American completes sale of Foxleigh mine interest

Anglo American said it has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management, following the announcement of the sale and purchase agreement on 4 April this year.

Foxleigh is an open cut coal operation which produces high quality pulverised coal injection coal, located in Queensland's Bowen Basin.

Anglo American's attributable share of Foxleigh's saleable production was 1.86m tonnes in 2015, the company said.