Anglo's Australian coal mine stable after underground fire
ReutersApr 10, 2025 6:33 AM
JOHANNESBURG, April 10 (Reuters) - Anglo American AAL.L said on Thursday the situation at its Moranbah North coal mine is stable and there is no evidence of damage after a fire outbreak underground.
Moranbah is part of a suite of steelmaking coal assets that Anglo is selling to Peabody Energy BTU.N in a $3.78 billion deal that is expected to close later this year.
Anglo said the fire was started by a "minor ignition" on March 31.
"Conditions in the mine normalised shortly afterwards and they remain stable, with data and camera footage showing no evidence of damage," Anglo said in the statement.
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