Commodities Buzz: Rio Tinto Completes Sale of Zululand Anthracite Colliery
Rio Tinto has completed the sale of its 74 per cent of Zululand Anthracite Colliery (ZAC) to Menar Holding, for an undisclosed sum.
Rio Tinto finally sells Zululand Anthracite
Rio Tinto has finally managed to dispose of the Zululand Anthracite Colliery (ZAC) in Kwa-Zulu Natal which it acquired when the group paid $3.9 billion in 2010 to take over ASX-listed Riversdale Mining at the height of the global boom in coking coal.