IN THIS morning’s News Wrap: Rio benefits from Hunter Valley coal royalties; AGL Energy backs aluminium smelter rescue in a post coronavirus environment; and coal can power the restart, not divestment, says Pitt.
Rio benefits from Hunter Valley coal royalties When Rio Tinto sold its New South Wales coal business to Yancoal in 2017, the terms of its sale included a deferred royalty under which Rio is entitled,...
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