Despite a report in a UK newspaper that said Anglo American was considering a rival bid for Australia’s Macarthur Coal, investors remain cautious as to the actual likelihood of a second bid.
Nostromo Research notes that whether or not Anglo American  puts in a bid for this company, the importance of the “battle” for  Macarthur coal should not be underestimated – it is currently the most important coal resource (estimated market value of more than US$5 billion) “in play” anywhere.