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Mining Companies Development Exploration : Rio Tinto to invest $793m in Australian coal mine
Rio Tinto Ltd/Plc said that the company is planning to invest $793 million to extend the Kestrel coal mine in Australia, as it looks to internal growth to fight off an approach from its rival BHP Billiton, Reuters reported.
According to the statement, the total cost of the work at the Kestrel mine in the coal-rich [...]
