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Australian govt to get US$1B from Rio coal sale

The sale of the remaining Australian coal assets also delivered value to its shareholders.

Lou Caruana
Rio Tinto CEO Jean-Sebastien Jacques.

Rio Tinto CEO Jean-Sebastien Jacques.

The company completed the sale of its remaining coal assets in Queensland for $3.95 billion this week.   The transactions include the sale of Rio Tinto's interests in the Hail Creek coal mine and Valeria...

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