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Kestrel goes to Adaro, EMR for US$2.25B

Rio offloads Kestrel.

Lou Caruana
Kestrel longwall mine in Queensland.

Kestrel longwall mine in Queensland.

Rio Tinto has sold its 80% stake in the Kestrel longwall mine in Queensland for US$2.25 billion to a consortium made up of private equity manager EMR Capital and Indonesian coal giant Adaro Energy. The...

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