Rio Tinto chooses Yancoal over Glencore for Australian coal assets

摘要

Rio Tinto reconfirmed Yancoal Australia Ltd. as the preferred buyer of itsrnthermal coal assets in Australia after the latter agreed to accelerate all deferredrnpayments.rnYancoal will now make a single payment of US$2.45 billion at completionrnto purchase Coal & Allied Industries Ltd., according to separate June 20rnstatements from Rio Tinto and Yancoal.