Yancoal trumps Glencore in battle for Rio Tinto's Hunter coal assets

By Prashant Mehra
Updated June 27 2017 - 9:18pm, first published 3:53pm
Yancoal trumps Glencore in battle for Rio’s Hunter coal assets
Yancoal trumps Glencore in battle for Rio’s Hunter coal assets

China’s Yancoal looks to have sealed a deal for Rio Tinto’s Hunter Valley coal operations after raising its offer price to $US2.69 billion ($A3.55 billion) to top a rival offer from global miner Glencore.

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