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Anglo American explores sale of South Africa's coal alongside spin-off -sources

Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. * SA coal assets produced 17.8 mln tonnes in 2019. Mining companies are under pressure to stop mining coal, the most polluting fossil fuel, from investors and governments keen to switch to cleaner fuels. London-listed Anglo said earlier this month that it would spin off its last remaining coal assets in South Africa and list them in Johannesburg. Sources say an outright sale of Anglo American's coal mines was still on the cards. When asked for comment, Anglo referred Reuters to a response to shareholders in May saying the company would continue to consider other exit options.

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