Anglo American's Coal Exit Plan in Jeopardy After Peabody Backs Out of $3.8B Deal

Saturday, Aug 30, 2025 4:48 pm ET1min read
BTU--

Peabody Energy has pulled out of a $3.8 billion deal to acquire Anglo American's steelmaking coal assets due to a fire at Moranbah North. Anglo disagrees and is seeking arbitration, while Peabody wants its $75 million deposit back. Anglo's pivot away from coal has been delayed, and a new buyer for the assets may not come with favorable terms. The dispute may lead to a drawn-out arbitration, complicating Anglo's plans to exit the coal business.

Anglo American's Coal Exit Plan in Jeopardy After Peabody Backs Out of $3.8B Deal

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