Inform

Rio Tinto exits Mozambique coal in fire sale

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Rio Tinto has agreed to sell its Mozambique coal assets to International Coal Ventures Private Limited (ICVL) at a fire sale price of only US$50 million, having acquired Riversdale Mining for US$3.9 billion in 2010. Falling export coal prices, lower processing yields, resource overestimates and objections to barging infrastructure have all contributed to the large write-off. The assets being sold include a 65% interest in the Benga coal mine, a 100% interest in the Zambeze project...

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Rio Tinto exits Mozambique coal in fire sale

    PDF 946.56 KB