As a family that has been with Jellinbah since its inception, our increased investment not only reflects our confidence in Queensland’s coal industry but also our commitment

Mining giant Anglo American has struck a deal to sell its stake in an Australian coal joint venture for 1.6 billion Australian dollars (£830 million).Shares in the company were higher in early trading after the FTSE 100 firm confirmed the sale plans.

Anglo American has reached an agreement to sell its 33.3 per cent minority interest in Jellinbah to Zashvin for $1.6 billion.