trending Market Intelligence /marketintelligence/en/news-insights/trending/iwsb-1dwqstsu7w4q0nxtw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Report: BHP Billiton is last bidder for Anglo's Australian coal assets

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


Report: BHP Billiton is last bidder for Anglo's Australian coal assets

BHP BillitonGroup's acquisition of Anglo American Plc's Moranbah and Grosvenor coal mines in Queensland, Australia,will be supported by investors and analysts, The Australian Financial Review wrote July 25.

However, BHP will have to show that the mines will add valueto its metallurgical coal business.

"They do need to ensure that their coal business makessatisfactory returns for the capital invested, which is not currently thecase," managing director of the Australian Foundation Investment Co., RossBarker, said.

The BHP-led BHP Billiton Mitsubishi Alliance is understood to be theonly bidder remaining for the coal assets, according to the report.

The auction results may be out as early as this week.