Yancoal trumps Glencore bid for Rio Tinto’s coal mines
By analyst By Cecilia Jamasmie The battle over Rio Tinto’ (ASX, LON:RIO) coal assets in Australia’s Hunter Valley seems to have come to an end as the miner has picked an improved offer by Yancoal Australia (ASX:YAL), a subsidiary of China’s Yanzhou Coal Mining, over Glencore’s (LON:GLEN) bid. Acquisition would make of Yancoal Australia’s largest […]
Yancoal trumps Glencore bid for Rio Tinto’s coal mines Read More »