[SYDNEY] Rio Tinto will return US$2.5 billion to shareholders in a buyback after selling most of its Australian coal assets to China-backed Yancoal, the mining giant said Friday.

[SYDNEY] Mining giant Rio Tinto has wrapped up the sale of most of its Australian coal assets to Yancoal, with the China-backed firm taking control of the business on Friday.

[SYDNEY] Hedge fund Senrigan Capital Management has asked Australian regulators to intervene in Yancoal Australia's efforts to fund its US$2.69 billion purchase of the Coal & Allied division...

CHINA-BACKED Yancoal Australia Ltd will raise US$2.5 billion in equity to fund the purchase of Rio Tinto Group's Australian coal assets, with its parent Yanzhou Coal Mining Co tipping in US$1...