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Rio Tinto’s $3.7bn Mozambique coal business sold for $50m

Cecilia Jamasmie | October 08, 2014 | 1:43 pm Energy Top Companies Africa Europe Coal 

Mining giant Rio Tinto (LON, ASX:RIO) completed Wednesday the sale of its Mozambique coal assets to India’s International Coal Venture Private Ltd (ICVL), marking the end of a dreadful venture for the miner. The deal, announced in July, comprises the Benga...

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