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Rio Tinto Announces Asset Sale For $224 Million, Notes Transaction Will 'Deliver Significant Value' For Shareholders
Wednesday, January 27, 2016 - 10:56am | 162Shares of Rio Tinto plc (ADR) (NYSE: RIO) were trading lower by around 1 percent on Wednesday despite the company's announcement of an asset sale. Rio Tinto said in a press release it has reached an agreement to sell its Mount Pleasant thermal coal assets to MACH Energy Australia Pty Ltd...