SYDNEY, Nov 16 (Reuters) - Australia's Wesfarmers Ltd WES.AX on Wednesday said it was evaluating options for its coal mining division following a media report that it was up for sale.
"Wesfarmers is continuing to consider a broad range of options, from operational to divestment initiatives, including recently seeking expressions of interest from external parties who may want to acquire the coal assets," it said in a statement.
Wesfarmers kicked off a sale process for its two coal mines after prices for the commodity soared this year, Bloomberg reported, citing people with knowledge of the matter.