🕐30.07.14 - 08:54 Uhr

RIO TINTO AGREES SALE OF COAL ASSETS IN MOZAMBIQUE



 http://riotinto.msgfocus.com/q/13Vwu6iYW3oDBPqYiDYlS/wv Follow us http://riotinto.msgfocus.com/c/15Fny3d3og1mrAvgYg5d82Q6 30 July 2014 Rio Tinto agrees sale of coal assets in Mozambique Download pdf here http://riotinto.msgfocus.com/c/15FnA5WPMcBZSJB0vlpneH7z Rio Tinto has reached an agreement to sell Rio Tinto Coal Mozambique, which comprises the Benga coal mine and other projects in the Tete province of Mozambique, to International Coal Ventures Private Limited (ICVL) for US$50 million. The assets were acquired by Rio Tinto as part of its acquisition of Riversdale Mining Limited in 2011. The sale is subject to certain conditions precedent and regulatory approvals.

The transaction is expected to close in the third quarter of 2014. During the transition to the new owner, Rio Tinto will continue to manage the mine to the highest safety and environmental standards.

Rio Tinto’s other assets in the country are unaffected by this transaction. Note to editor ICVL is a joint venture company incorporated in India and set up by the mandate of the Government of India exclusively for the purpose of the acquisition of coal mines and coal assets in overseas territories, primarily to meet the coal requirements of the promoter companies of ICVL.

The promoter companies of ICVL are also amongst the largest Government of India owned entities: Steel Authority of India Limited, Coal India Limited, Rashtriya Ispat Nigam Limited, National Minerals Development Corporation Limited and National Thermal Power Corporation Limited. Contacts: Media Relations, EMEA / Americas Illtud Harri Office: +44 (0) 20 7781 1152 Mobile: +44 (0) 7920 503 600 David Outhwaite Office: +44 (0) 20 7781 1623 Mobile: +44 (0) 7787 597 493 Media Relations, Australia / Asia Bruce Tobin Office: +61 (0) 3 9283 3612 Mobile: +61 (0) 419 103 454 Matthew Klar Office: +61 (0) 7 3625 4244 Mobile: +61 (0) 457 525 578 Media Relations, Canada Bryan Tucker Office: +1 (0) 514 848 8151 Mobile: +1 (0) 514 825 8319 Investor Relations, London Mark Shannon Office: +44 (0) 20 7781 1178 Mobile: +44 (0) 7917 576 597 David Ovington Office: +44 (0) 20 7781 2051 Mobile: +44 (0) 7920 010 978 Grant Donald Office: +44 (0) 20 7781 1262 Mobile: +44 (0) 7920 587 805 Investor Relations, Australia Christopher Maitland Office +61 (0) 3 9283 3063 Mobile +61 (0) 459 800 131 Rachel Storrs Office: +61 (0) 3 9283 3628 Mobile: +61 (0) 417 401 018 Galina Rogova Office: +852 2839 9208 Mobile: +852 6978 3011 Further information: If you have been forwarded this email, you may wish to sign up for our media releases http://riotinto.msgfocus.com/c/15FnC8GCa9cDjSGK2qJxllp2 directly. Visit the corporate website http://riotinto.msgfocus.com/c/15FnEbqoy5NgL1Mtzw3HrZGv Read our online magazine http://riotinto.msgfocus.com/c/15FnGeaaW2nUcaSd6BnRyDXY If you have problems viewing images in Outlook, please add us to your safe list http://riotinto.msgfocus.com/c/15FnIgTXjYYxDjXWDGI1Fifr LEGAL INFORMATION - Copyright © 2014 Rio Tinto.

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