Anglo American has at least three suitors for Australian coal business, Bloomberg News reports

April 23 (Reuters) - Anglo American has at ​least three ‌potential buyers for its Australian steelmaking coal business after its ⁠unsuccessful deal with Peabody Energy for the ⁠assets, Bloomberg News ​reported on Thursday, citing people familiar with the matter.

Australian miner Stanmore Resources, Japan's Mitsubishi Corp and Indonesia-based PT Buma Internasional Grup ​are ‌among the bidders for the coal assets, the report added.

Anglo American declined to comment on the report while Stanmore, Mitsubishi and Buma Internasional did not immediately respond ​to Reuters' request for comments.

A deal could be ‌announced in coming months, according to Bloomberg.

Peabody withdrew its $3.78 billion bid for Anglo American's Australian ‌coking coal assets in August, and the London-listed miner initiated an arbitration against the U.S.-based coal miner.

The assets up ​for sale include mines in Queensland's Bowen Basin, the world's top steelmaking ‌coal region, and are part of Anglo's wider plans to divest its non-core assets.

Anglo, which has agreed to ⁠merge ⁠with Canada's Teck Resources to create the ‌world's fifth-largest copper producer, is in the midst of selling its struggling ​De ​Beers diamond business and nickel assets. It ‌sold its Platinum business in 2025.

Anglo American

Peabody Energy Corp.