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Coal Crisis: Anglo American Shuts Down Grosvenor Mine After Underground Incident

Anglo American (OTC:AAUKF) disclosed that its operations at its Grosvenor steelmaking coal mine in Queensland, Australia, were halted. The move came after an underground coal gas ignition incident occurred on June 29. The company says they implemented all emergency protocols and safely evacuated the workforce from the mine without any injuries. Due to the expected underground damage, these procedures are anticipated to take several months, states the company. Anglo American’s steelmaking coal ...