BHP, Glencore Said to Bid for Anglo’s Australian Coal Mines

  • Warburg’s Anemka Resources is also said to have bid for assets
  • Moranbah, Grosvenor coal assets may fetch about $1.5 billion

BHP, Glencore May Buy Anglo's Australian Coal Assets

BHP Billiton Ltd. and Glencore Plc are among final bidders for Anglo American Plc’s Australian metallurgical coal assets that may fetch about $1.5 billion, people with knowledge of the matter said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.