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Rio Tinto (RIO)

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Friday 01 June, 2018

Rio Tinto

Rio Tinto completes the sale of Winchester South

RNS Number : 9414P
Rio Tinto PLC
01 June 2018
 

Rio Tinto completes the sale of Winchester South for $200 million

 

1 June 2018

 

Rio Tinto has completed the sale of its 75 per cent interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited.

 

Total consideration of $200 million is comprised of $150 million in cash received today and an unconditional cash payment of $50 million due in 12 months.

 

The sale of Rio Tinto's interests in the Kestrel and Hail Creek coal mines and Valeria coal development project are expected to complete during the second half of 2018.

 

 

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riotinto.com  

 

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Media Relations, United Kingdom

Illtud Harri

T +44 20 7781 1152

M +44 7920 503 600

 

David Outhwaite

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M +44 7787 597 493

 

Media Relations, Australia

Jonathan Rose

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M +61 447 028 913

 

Media Relations, Canada

Matthew Klar

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Investor Relations, United Kingdom

John Smelt

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M +44 7879 642 675

 

David Ovington

T +44 20 7781 2051

M +44 7920 010 978

 

Nick Parkinson

T +44 20 7781 1552

M +44 7810 657 556

 

 

Investor Relations, Australia

Natalie Worley

T +61 3 9283 3063

M +61 409 210 462

 

Rachel Storrs

T +61 3 9283 3628

M +61 417 401 018

 

 

Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

T +44 20 7781 2000
Registered in England

No. 719885

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

 


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