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Peabody overnight: Definitive timeline or we might be out
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Peabody overnight: Definitive timeline or we might be out

Small fire at Moranbah North could end up burning the $6.4B Anglo sale agreement

May 05, 2025
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Peabody overnight: Definitive timeline or we might be out
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Peabody has threatened to terminate its $6.4 billion deal to buy Anglo American’s Bowen basin coal mines.

In an overnight statement, the company classified the Moranbah North fire and subsequent evacuation and closure as a material event that changed the sale agreement between the companies.

“Peabody has notified Anglo American of a Material Adverse Chang…

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