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Jan 26, 2016 · Global miner Rio Tinto Plc <> <> has agreed to sell one of its remaining coal mines in Australia to a group owned by Indonesia's thirdrichest man, Anthoni Salim, continuing an exit ...
Vale announces the sale of its coal assets
Dec 21, 2021 · Vale announces the sale of its coal assets. Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corridor for total proceeds of US 270 million, comprised of US 80 million at Closing and US 190 million from the existing business until Closing; plus a 10 ...
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Jan 18, 2022 · All coal mining companies in Indonesia are required to reserve 25 percent of their coal supply for domestic sale as part of the 2009 " domestic market obligation " (DMO) policy. Through the DMO, domestic coal prices in Indonesia are capped at USD 70 per ton — less than half the current global market rate of USD 154 — in order to protect ...
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