India group ICVL to nearly triple coal output from mine bought from Rio Tinto
Rio Tinto said on Wednesday it would sell the Benga mine and other projects in Tete province it bought via a $4 billion acquisition of Riversdale Mining in 2011 for just $50 million to the group.
Aug 01, 2014, 09:55 AM ISTICVL to buy Rio Tinto's coal assets in Mozambique for $50 mn
The acquisition will be the first of ICVL since its inception in 2009.
Jul 30, 2014, 13:10 PM IST