Glencore agrees sale of Tahmoor coal mine to SIMEC Mining

Media statement

Glencore has reached agreement to sell its Tahmoor underground coal mine to SIMEC Mining, the mining division of the GFG Alliance.

The transaction is subject to approval from the New South Wales Government and is expected to complete in Q1 2018. It will be business as usual until then.

For further information, please contact:

Media

Francis De Rosa
m: +61 417 074 751
e: Francis De Rosa

Allyn Hamonet
m: +61 418 228 075
e: Allyn Hamonet

Notes for editors

About Glencore's coal business in Australia

Glencore is one of Australia’s largest coal producers with 13 mining complexes—including 17 operational mines—across New South Wales and Queensland.

We employ 7,500 Australians and in 2016 managed the production of nearly 93 million tonnes of thermal and coking coal, predominantly for export.

We have a strong safety and environmental performance and play an active role in the development of low emission coal technology.