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Anglo Launches Arbitration Proceedings Against Peabody

Summary by coalage.com
Anglo American officially launched arbitration proceedings against Peabody Energy following the company’s decision to file a material adverse change (MAC) in August and back out of the $5.7 billion deal for Anglo’s Moranbah North mine. The deal, which was signed in November 2024 and scheduled to close in April 2025, was halted after an ignition event occurred at the mine, supposedly incurring $45 million per month of holding costs at Moranbah No…
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Anglo Launches Arbitration Proceedings Against Peabody

Anglo American officially launched arbitration proceedings against Peabody Energy following the company’s decision to file a material adverse change (MAC) in August and back out of the $5.7 billion deal for Anglo’s Moranbah North mine. The deal, which was signed in November 2024 and scheduled to close in April 2025, was halted after an ignition event occurred at the mine, supposedly incurring $45 million per month of holding costs at Moranbah No…

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coalage.com broke the news in on Thursday, October 16, 2025.
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