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01
Mar
2016
Rio Tinto wraps up $617m coal sale to New HopeBy:Creamer Media Senior Deputy Editor: Australasia COAL Mining major Rio Tinto on Tuesday completed the divestment of its 40% interest in the Bengalla coal joint venture, in New South Wales, to ASX-listed New Hope Corporation.
With the $616.7-million transaction completed, Rio’s divestment since the start of 2013 have reached $4.7-billion.
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