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Rio Tinto coal divestment starts with around $600m saleGlobal miner Rio Tinto on Wednesday said it had agreed to sell its 40 per cent stake in the Bengalla coal mine in Australia to New Hope Corp for $606 million, the latest shuffle of Australian coal assets amid a sector-wide downturn. More… |
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Qalaa appoints advisor to study Tanmeyah exitQalaa Holdings, an African leader in infrastructure and industry, has appointed CI Capital to study strategic options for the full exit of Tanmeyah for Microfinance Services, a non-core subsidiary in which Qalaa holds a 70 per cent stake. More… |
