REG - Rio Tinto - Rio Tinto completes the sale of Winchester South

Rio TintoAnnouncement

01/06/2018 07:05

RNS Number : 9414P
Rio Tinto PLC
01 June 2018
 


Rio Tinto completes the sale of Winchester South for $200 million
 
1 June 2018
 
Rio Tinto has completed the sale of its 75 per cent interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited.
 
Total consideration of $200 million is comprised of $150 million in cash received today and an unconditional cash payment of $50 million due in 12 months.
 
The sale of Rio Tinto's interests in the Kestrel and Hail Creek coal mines and Valeria coal development project are expected to complete during the second half of 2018.
 
 
Contacts
 
media.enquiries@riotinto.com 
 
riotinto.com  
 
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Media Relations, United Kingdom
Illtud Harri
T +44 20 7781 1152
M +44 7920 503 600
 
David Outhwaite
T +44 20 7781 1623
M +44 7787 597 493
 


Media Relations, Australia
Jonathan Rose
T +61 3 9283 3088
M +61 447 028 913
 
Media Relations, Canada
Matthew Klar
T +1 514 608 4429

 




 
Investor Relations, United Kingdom
John Smelt
T +44 20 7781 1654
M +44 7879 642 675
 
David Ovington
T +44 20 7781 2051
M +44 7920 010 978
 
Nick Parkinson
T +44 20 7781 1552
M +44 7810 657 556
 


 
Investor Relations, Australia
Natalie Worley
T +61 3 9283 3063
M +61 409 210 462
 
Rachel Storrs
T +61 3 9283 3628
M +61 417 401 018




 


 




Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
 
T +44 20 7781 2000

Registered in England
No. 719885


Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
 
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404




 




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