Developing: Anglo Dismisses Peabody’s MAC Claim, Reaffirms Commitment to Coal Deal
- Met Coal Junkie
- May 6
- 1 min read
Anglo American has dismissed 5 May Peabody Energy’s Material Adverse Change claim, stating the Moranbah North mine incident does not breach their coal sale agreement. With re-entry completed and a safe restart underway, Anglo remains committed to closing the $3.78 billion deal and addressing Peabody’s concerns through ongoing collaboration with regulators.
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