Directors have appointed ANZ Investment Bank to conduct a strategic review for the company, including consideration of these approaches.
The company released the brief statement after a report in The Australian Financial Review yesterday that Austral had plans to sell part of the mine.
Tahmoor has struggled to meet production output since the longwall began operating in June, but the company was able to secure a A$20 million working-capital facility from ANZ Bank.
It is thought Japanese steel mills might be the likely suitors, with global coking coal shortages looming.
