(Reuters) – Miner Anglo American Plc <AAL.L> said on Wednesday it plans to sell a minority stake of 12% in its Grosvenor coking coal mine in Australia for about $141 million to a consortium of Japanese companies.
The consortium — which includes Nippon Steel Corp <5401.T>, Mitsui & Co Ltd <8031.T>, Nippon Steel Trading Corp <9810.T>, Shinsho Corp <8075.T>, JFE Mineral Co Ltd — also owns a 12% stake in Anglo’s Moranbah North mine that provides the coal processing infrastructure for Grosvenor.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Shounak Dasgupta)