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Rio completes Australia coal mines sale to China's Yancoal

MininggiantRioTintohaswrappedupthesaleofmostofitsAustraliancoalassetstoYancoal,withtheChina-backedfirmtakingcontrolofthebusinessonFriday.Rio,theworld'ssecond-la

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China's Yancoal to acquire Rio Tinto's Coal & Allied assets

TheASX-listedYancoalhassecuredRioTintoshareholderapprovalonThursdaytopurchasetheCoalAlliedcoalassetsfromtheAustralianmininggiant.Thursday'svoteinAustraliafollow