Rio Tinto Ltd will soon get US$1.7 billion of cash from Glencore Pcl from selling its Hail Creek and Valeria coal project in Australia. The Company is now expecting to collect US$3.3 billion from Indonesian company INALUM for its future 40% interest in PT Freeport Indonesia. Negotiation is ongoing, while political dynamics ahead of next year’s presidential election might lead to further delays in concluding the deal.To subscribe please click here
