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Billionaire Alexander Ramlie-Backed Dhilmar To Buy Australian Coking Coal Mines For $3.9 Billion

Posted on May 18, 2026
By Forbes
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1 min read

Billionaire Alexander Ramlie-Backed Dhilmar To Buy Australian Coking Coal Mines For $3.9 Billion

Under the deal, Indonesian billionaire Alexander Ramlie's UK-based Dhilmar will pay $2.3 billion in cash upon the completion of the transaction in the first quarter of 2027 and an additional of up to $1.6 billion depending on the price of coking coal within five years after the deal’s close.