Rio Tinto sells remaining Australian coal assets for $3.95 billion

Rio Tinto exited coal mining in Australia by selling its remaining assets in Queensland for $3.95 billion, including the Hail Creek mine and Valeria project to Glencore for $1.7 billion, and its 80% stake in Kestrel mine to a consortium for $2.25 billion.

“Rio Tinto exits coal mining in Australia by selling its remaining assets in Queensland for $3.95bn.”mining-technology.com

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• mining-technology.com2018: The year’s biggest Mining Technology stories - Mining TechnologyHemanthDec 28, 2018

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