Rio files to offer US coal assets in IPO

RIO Tinto has made a move to divest its North American coal assets, on Friday filing a registration statement for an initial public offering of the assets under entity Cloud Peak Energy.

Rio files to offer US coal assets in IPO Rio files to offer US coal assets in IPO Rio files to offer US coal assets in IPO Rio files to offer US coal assets in IPO Rio files to offer US coal assets in IPO

Wholly owned subsidiary Cloud Peak Energy holds most of the North American coal assets of Rio Tinto Energy America - the second largest US coal producer.

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