The Capcoal mine is part of the Capcoal Operation and includes opencast operations at Lake Lindsay and Oak Park. Lake Lindsay is owned by the Capcoal Joint Venture, while Oak Park is owned by the Roper Creek Joint Venture.
Owing to the differing ownership structure, the attributable shareholding of Capcoal OC (Lake Lindsay and Oak Park) is determined annually using the proportion of the saleable tonnes in the individual pits. The calculated ownership percentage therefore varies each year due to differing production schedules.
As of December 2024, Anglo American's ownership percentage in the Capcoal Operation (OC) was 77.3%.
On November 25, 2024, Peabody announced its agreement to acquire Tier 1 Australian metallurgical coal assets from Anglo American, including the Capcoal mine. The transaction is expected to close in mid-2025, subject to regulatory approvals, pre-emptive rights, and customary closing conditions.
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