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Home»Posts tagged with»Queensland coal mines

Rio Tinto to exit coal mining business with sale of Kestrel coal mine for $2.25bn

By Pallavi Madhiraju on April 1, 2018   Metals and Mining Industry News  

Rio Tinto to exit coal mining business with sale of Kestrel coal mine for $2.25bn

Mining industry news : Rio Tinto is all set to exit from coal mining business by selling its 80% stake in the Kestrel coal mine in Queensland to a consortium of EMR Capital and Indonesian coal producer Adaro Energy, for a sum of $2.25 billion. Rio Tinto’s Recent Deals to Exit Coal Mining Business in […]

Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

By Pallavi Madhiraju on March 22, 2018   Metals and Mining Industry News  

Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail Creek coal mine and the Valeria coal mine in Australia by selling its stakes to Swiss natural resource company Glencore. Rio Tinto has been looking to divest all of its […]

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