Insight
Foxleigh sale starts Anglo's Australian coal exit
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Anglo has sold its 70% stake in the Foxleigh mine to a subsidiary of Realm Resources which is an ASX listed subsidiary of Taurus Funds Management. The sale marks the first concrete step in Anglo's announced intention to exit from the Australian coal sector. The deal makes Realm the first private equity vehicle to take control of an operating mine in Australia's coal sector and could signal increased private equity investment and a decrease in the concentration of ownership in Australia's coal sector.
Table of contents
- Overview
- Deal summary
-
Location map
- Foxleigh coal mine
- Coal assets
- Deal analysis
- Upside and risks
-
Strategic rationale
- Anglo
- Realm Resources
Tables and charts
This report includes the following images and tables:
- Key facts
- Key assets
- Marketable reserves (as at 01/01/2017)
- Production (100% basis)
- Summary valuation
- Foxleigh sale starts Anglo's Australian coal exit: Table 5
- Valuation sensitivity - price (US$M)
- Foxleigh sale starts Anglo's Australian coal exit: Image 1
- Economic assumptions
What's included
This report contains:
Other reports you may be interested in
Insight
Beyond the headlines: What the data says about Australian LNG vs coal emissions
We examine Australian LNG versus coal to see how their emissions really stack up.
$1,050
Insight
China’s NEA targets coal mine capacity violations
Can new guidelines rescue the prolonged bearish market?
$1,100
Asset Report
Palm Springs (Closed) gold mine
A detailed analysis of the Palm Springs (Closed) gold mine.
$2,250
