Glencore, Rio do another deal

GLENCORE has agreed to acquire Rio Tinto’s 82% interest in the Hail Creek coal mine in Queensland for US$1.7 billion in cash.

Glencore, Rio do another deal Glencore, Rio do another deal Glencore, Rio do another deal Glencore, Rio do another deal Glencore, Rio do another deal

Hail Creek

Along with Hail Creek, the acquisition also includes Rio's 71.2% stake in the Valeria coal resource in the Bowen Basin.

Hail Creek produced 9.

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