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Rio sells NSW thermal coal mine for $224m

By:  
Creamer Media Senior Deputy Editor: Australasia
 
COAL
Mining major Rio Tinto has sold its Mt Pleasant thermal coal assets, in New South Wales, to MACH Energy Australia in exchange for $224-million plus royalties. Mt Pleasant is a large-scale, thermal coal asset in the Hunter Valley with total marketable reserves of 474-million tonnes.
 
 
 
 
 

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