The Group’s coal interests are held through its wholly owned Anglo Coal business, one of the world’s largest private sector coal producers and exporters.
Anglo Coal currently produces around 100 million tonnes of thermal and metallurgical coal from four geographic regions: South Africa, Australia, South America (Venezuela and Colombia) and North America (Canada).
Anglo Coal’s excellent growth prospects in thermal and metallurgical coal will ensure the Group is firmly placed to help meet increased global energy needs and will continue to play an important part in Anglo American’s growth.Coal business unit overview
|$ million||12 months
31 Dec 2008
31 Dec 2007
|Net operating assets||3,962||3,984|
|Share of Group operating profit||22%||6%|
|Share of Group net operating assets||12%||15%|