(BFW) Rio Said to Mull Breaking Up Hunter Valley Coal Business: AFR


BFW 08/18 14:29 *RIO SAID TO MULL BREAKING UP HUNTER VALLEY COAL BUSINESS: AFR

Rio Said to Mull Breaking Up Hunter Valley Coal Business: AFR
2015-08-18 14:35:13.133 GMT


By Christopher Kingdon
(Bloomberg) -- Rio Tinto is considering a break-up of its
Hunter Valley coal business in an effort to match assets with
potential buyers, Australian Financial Review says, citing
unidentified people familiar.

* Group out of Indonesia expressed interest in Mount Pleasant
thermal coal project; may be eyeing other parts of portfolio
* New Hope understood to be interested in only part of
business
* NOTE: August 13, Shenhua Group Interested in Rio’s
Australian Coal Assets: AFR


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To contact the reporter on this story:
Christopher Kingdon in London at +44-20-3525-0872 or
ckingdon@bloomberg.net
To contact the editors responsible for this story:
Clyde Eltzroth at +1-212-617-1879 or
celtzroth1@bloomberg.net
Christopher Kingdon