M&A Deal Summary |
|
|---|---|
| Date | 2014-10-08 |
| Target | Rio Tinto Coal Mozambique |
| Sector | Oil/Gas Exploration |
| Buyer(s) | International Coal Ventures Pvt. |
| Sellers(s) | Rio Tinto |
| Deal Type | Divestiture |
| Deal Value | 50M USD |
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| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Oil/Gas Exploration |
International Coal Ventures Private Limited engages in exploration and production of coal.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Metals/Mining |
| Employees | 60,000 |
| Revenue | 53.7B USD (2024) |
Rio Tinto is a mining and metals company. The company engages in finding, mining, and processing the Earth's mineral resources. The company takes a long-term, disciplined approach, developing and running long-life, low-cost, expandable operations that are capable of delivering value throughout the cycle. Rio Tinto was founded in 1873 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 14 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 10 of 12 |
| Country: Australia M&A | 4 of 5 |
| Year: 2014 M&A | 2 of 2 |
| Size (of disclosed) | 10 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-02 |
Clermont Mine
Australia Clermont now produces approximately 12 million metric tonnes of high energy thermal coal with relatively low ash and sulphur using a truck and shovel method. Clermont is a large scale open-cut operation, located approximately 12 kilometres from the town of Clermont in central Queensland. |
Sell | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-05 |
Rio Tinto - Mount Pleasant
United Kingdom Rio Tinto plc - Mount Pleasant division consists of thermal coal assets. |
Sell | - |
