Rio Tinto reports increases in coking coal production
Rio Tinto has released its 4Q16 production results, reporting increases in hard and semi-soft coking coal and lower volumes of thermal coal.
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Rio Tinto has released its 4Q16 production results, reporting increases in hard and semi-soft coking coal and lower volumes of thermal coal.
The US Securities Exchange Commission is investigating Rio’s US$3 billion writedown of Rio Tinto Coal Mozambique.
Following media reports, Wesfarmers has confirmed that it is looking into the sale of its Curragh and Bengalla coal mines.
A scandal over payments related to the Simandou iron ore project claims the scalps of two Rio Tinto executives, including the head of its coal business.
Rio Tinto’s coal production for 3Q16 totalled 2.3 million t – 54.4% and 13.2% higher than in 2Q16 and 3Q15, respectively.
Rio Tinto’s hard coking coal production for the first nine months of 2016 remained on par with the previous year.
Acacia Coal is to buy a majority stake in Riversdale Anthracite Colliery from Rio Tinto.