- Anglo American
- 09 April 2025 10:07:08
Source: Sharecast
The news follows a fire at Anglo's Moranbah North Mine last week. Workers at the site were evacuated on 31 March after elevated carbon monoxide levels led to a small underground fire.
A spokesperson at Anglo said the company was working on a "staged re-entry management plan and risk assessment", according to Reuters.
"The company remains in conversation with Anglo American to better understand the impacts of the event. Peabody is preserving all rights and protections under its purchase agreements," Peabody said in a statement late on Tuesday.
Peabody signed a deal last year to take over Anglo's steelmaking coal assets, with the transaction expected to close in mid-2025, as part of the latter's large-scale restructuring.
Anglo's shares were down 2.3% at 1,813.4p by 1004 GMT.