Fire at Anglo American’s Grosvenor mine likely to affect met coal operations

A fire at Anglo American's Grosvenor metallurgical coal mine in Australia will impact its met coal business, broker Jefferies reported. The fire, which started Saturday, has halted operations for several months. Grosvenor contributes significantly to Anglo's coal value, and this incident may delay asset sales and affect market dynamics.

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By Melanie Burton

A fire at Anglo American's AAL.L Grosvenor metallurgical coal mine in Australia is likely to negatively affect its Australian met coal business, broker Jefferies said in a note on Monday.

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