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Yancoal trumps Glencore bid for Rio Tinto’s coal mines

Cecilia Jamasmie | June 20, 2017 | 10:03 am Energy Top Companies Asia Australia China Coal 

The battle over Rio Tinto’s (ASX, LON:RIO) coal assets in Australia's Hunter Valley seems to have come to an end as the miner has picked an improved offer by Yancoal Australia (ASX:YAL), a subsidiary of China’s Yanzhou Coal Mining, over Glencore’s...

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