Glencore said to draw Liberty House bid for Australian mine

July 12, 2017

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Liberty House Group, fresh off a deal for Australian steel mill Arrium, is among bidders for a Glencore coal mine that could fetch as much as A$500-million, people with knowledge of the matter said.

Liberty House’s GFG Alliance joint venture submitted an indicative offer for the Tahmoor mine by the deadline last month, according to the people, who asked not to be identified because the information is private. It’s among parties invited by Glencore to evaluate detailed information on the underground metallurgical coal mine ahead of second-round bids, the people said.

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