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Vote of no confidence: Rio pulls out of $9 billion coal port expansion

Frik Els | April 24, 2012 | 9:48 pm Energy Top Companies Australia Europe Coal 

Platts reports world number three miner Rio Tinto has withdrawn from the port expansion project at Queensland's Abbot Point, Australia. The $9 billion project approved by the state government in December, was designed to up the port's coal export capacity...

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