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Rio Tinto sells Mount Pleasant coal

Amelia Martyn-Hemphill | August 05, 2016 | 1:34 pm Energy Top Companies Australia Coal 

Rio Tinto stock came back fighting on Friday after the mining giant announced it will sell its Mount Pleasant thermal coal assets to Mach Energy Australia. The deal will be worth US$220.7 million plus royalties and takes Rio’s divestment tally...

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