KM Financial Solutions | UPDATE 1-Rio Tinto to sell Kestrel mine for $2.25 billion
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UPDATE 1-Rio Tinto to sell Kestrel mine for $2.25 billion

UPDATE 1-Rio Tinto to sell Kestrel mine for $2.25 billion

March 27 (Reuters) – Rio Tinto sold its
remaining coal asset Kestrel in Australia to private equity
manager EMR Capital and Indonesia’s Adaro Energy Tbk
for $2.25 billion, the major said on Tuesday, making good on a
pledge to exit the fuel.

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