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Sign upRio's Coal & Allied unit Q3 output up 33% vs yr ago
Rio Tinto and Japan’s Mitsubishi Corp are in the process of mopping up the shares in Coal and Allied Industries that they don’t already own.Rio Tinto currently owns 75.7 percent of Coal and Allied, and Mitsubishi 10.2 percent.The companies are offering A$125 a share, valuing the miner at A$10.8 billion.Coal and Allied operates three mines in New South Wales state producing coking and thermal coals.
Rio's Coal & Allied unit Q3 output up 33% vs yr ago
Rio Tinto and Japan’s Mitsubishi Corp are in the process of mopping up the shares in Coal and Allied Industries that they don’t already own.Rio Tinto currently owns 75.7 percent of Coal and Allied, and Mitsubishi 10.2 percent.The companies are offering A$125 a share, valuing the miner at A$10.8 billion.Coal and Allied operates three mines in New South Wales state producing coking and thermal coals.
Rio's Coal & Allied unit Q3 output up 33% vs yr ago
Rio Tinto and Japan’s Mitsubishi Corp are in the process of mopping up the shares in Coal and Allied Industries that they don’t already own.Rio Tinto currently owns 75.7 percent of Coal and Allied, and Mitsubishi 10.2 percent.The companies are offering A$125 a share, valuing the miner at A$10.8 billion.Coal and Allied operates three mines in New South Wales state producing coking and thermal coals.
Rio's Coal & Allied unit Q3 output up 33% vs yr ago
Rio Tinto and Japan’s Mitsubishi Corp are in the process of mopping up the shares in Coal and Allied Industries that they don’t already own.Rio Tinto currently owns 75.7 percent of Coal and Allied, and Mitsubishi 10.2 percent.The companies are offering A$125 a share, valuing the miner at A$10.8 billion.Coal and Allied operates three mines in New South Wales state producing coking and thermal coals.