Indonesian billionaire Alexander Ramlie’s company to buy Australian mine for $3.9B
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Dhilmar, led by Indonesian billionaire Alexander Ramlie, will acquire Anglo American's Australian coking coal mines for up to $3.9 billion. The deal includes $2.3 billion in cash at closing in Q1 2027 and up to $1.6 billion based on future coking coal prices. This acquisition comes as global steel demand is expected to rise, benefiting coking coal prices.
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