You are here
Rio Tinto nears exit from thermal coal with US$2.45b China deal
RIO Tinto Group moved closer to an exit from thermal coal after the world's second-biggest miner agreed to sell most of its mines to a company controlled by China's Yanzhou Coal Mining Co for US$2.45 billion.
Shares in both companies rose on Wednesday.
The sale, which
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org