Jump to content

China buying Mining & Energy assets


Recommended Posts

I will record stories on this thread as they pop up



... to come ...

Link to comment
Share on other sites

China Shenhua Energy (owner of 2nd largest coal reserves) : Rio's coal unit (Australia's Coal & Allied Industries)


Shenhua is "planning to bid" on possible US $4.89 billion acquisition


Other likely bidders:

Mitsubishi - which owns 10.2% already



Coal & Allied Industries : raising coal production 15mn tonnes pa, to 200 mn tpa


Rio plans to divest $10 billion worth of assets

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...