Tag: sells

Anglo American sells central Qld coal mines to UK company | Anglo American to Sell Australian Ste…

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Anglo American sells central Qld coal mines to UK company

The sale includes five steelmaking coal mines in central Queensland. (ABC Capricornia: Aaron Kelly)

Anglo American says it has sold its five steelmaking coal mines in central Queensland to a United Kingdom mining company for up to $5.43 billion.

The sale to Dhilmar Ltd includes Anglo's interests in Moranbah North and Grosvenor Mines, Capcoal, Roper Creek, Dawson South and Theodore South joint ventures.

It also includes the town of Middlemount where the company provides housing, a shopping centre, childcare and a medical centre.

Anglo American chief executive Duncan Wanblad said in a statement that Dhilmar had considerable experience in operating major mining assets, including in steelmaking coal, in South East Asia and Canada.

$5bn mining deal includes entire Aussie town

Anglo American has sold its five steelmaking coal mines in Queensland to a UK mining company for up to $5.43bn.

The sale to Dhilmar includes Moranbah North and Grosvenor Mines, Capcoal, Roper Creek, Dawson South and Theodore South joint ventures.

It also includes the town of Middlemount where the company provides housing, a shopping centre, childcare and a medical centre.

Anglo American said it would use the cash proceeds to reduce net debt.

“Dhilmar’s leadership brings considerable experience of operating major mining assets, including in steelmaking coal, in Southeast Asia and Canada,” chief executive Duncan Wanblad said in a statement on Monday.

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May 18, 2026
Eucalyptus sells to New York-listed healthcare giant in $1.6b deal | Aussie health start-up sold …

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Eucalyptus sells to New York-listed healthcare giant in $1.6b deal

Eucalyptus, the weight loss start-up that has become one of the country’s biggest health companies, is being sold to New York-listed obesity drugs giant Hims & Hers Health for more than $1.6 billion, in a major payday for its 35-year-old co-founder and venture funds.

San Francisco-based Hims & Hers said late on Thursday that it would acquire the seven-year-old Australian company, which runs popular weight-loss brands Pilot and Juniper as well as a fertility service known as Kin, in an all-cash deal that would turn Eucalyptus into its international division.

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February 19, 2026
‘Hytale is saved’: Riot sells cancelled game back to original co-founder, who promises to take it…

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'Hytale is saved': Riot sells cancelled game back to original co-founder, who promises to take it 'back to the original vision for Hytale'

Simon Collins-Laflamme says he's already rehired more than 30 Hytale developers, and more are coming.

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Five months after cancelling the development of Hytale and closing the studio working on it, Riot Games has sold the whole thing back to original co-founder Simon Collins-Laflamme. And yes, that means work on the game has resumed: Collins-Laflamme said more than 30 former developers "who know this game inside and out" have been brought back to continue development, and more are expected to follow soon.

"We are thrilled to announce that we have acquired Hytale from Riot Games," Collins-Laflamme wrote in a new update on the Hytale website.

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"Hytale is saved": Riot sells Hytale back to Hypixel founders, who promise 10 years of support, an early access date soon, and a return to the "original vision"

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After protracted development at Hypixel, a sale to Riot Games, many quiet years, and an abrupt cancellation and studio closure earlier this year, Hytale is, somehow, back. Riot has sold the Minecraft-inspired survival game back to Hypixel founder Simon Collins-Laflamme, who plans to release it in early access "as soon as possible."

Collins-Laflamme broke the news on Twitter on Monday. "We did it. Hytale is saved. We have acquired Hytale from Riot Games," he writes.

"This game has always been close to my heart, and I’m excited to bring it back home," he adds.

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November 17, 2025