News
25 January 2017

Rio Tinto nears exit from coal with $2.45bn mines sale

Region:
Asia-Pacific, Europe

London-headquartered Rio Tinto Group is selling most of its coal mines to a company controlled by China's Yanzhou Coal Mining, edging it nearer to an exit from thermal coal. The sale includes Rio's biggest Australian coal operation in the Hunter Valley region.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...