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Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

Cecilia Jamasmie | September 20, 2018 | 3:48 am Energy Markets Top Companies Australia Europe Coal Iron Ore 

Shares in Rio Tinto (ASX, LON: RIO) jumped about 3% in both Sydney and London after the world’s No.2 mining company said it would return $3.2 billion to investors through a share buyback primarily focussed on its Australian-listed ones. The fresh...

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