The company owns 51% and 70% interests Dawson and Foxleigh open cut coal operations.

The decision to sell these coal assets comes after the company announced the sale of Callide mine in Queensland and Dartbrook mine in New South Wales.

Anglo American said that the total sale portfolio accounts for 12.2 million tons of export production and 8.4 million tons of domestic production a year and a combined resource base of more than two billion tons.

Anglo American coal business CEO Seamus French said: "The four assets included in the sale package represent an impressive resource base of high quality export coal, a long history of benchmark operational performance and good infrastructure access.

"Anglo American is now seeking interest from other experienced operators that may be better placed to invest in these operations and take advantage of further growth opportunities."

The sales are part of the company’s restructuring plan and the assets are said to be no longer part of Anglo’s core business portfolio.

The company is currently working on $1.95bn Grosvenor project in Moranbah. The project is planned to commence longwall production in late 2016.

Anglo American intends to focus on Moranbah North mine operations and further develop the Capcoal complex in Middlemount.