The company has also taken control of Riversdale’s two coal mining and exploration projects in Mozambique.
They include the Benga project, a 65:35 joint venture with Tata Steel, and the Zambeze coal project.
Rio will start working with the Riversdale team to accelerate the development of these projects.
These projects are located adjoining in the Tete and Moatize provinces of Mozambique.
Rio Tinto will move quickly to start working with the Riversdale team to accelerate the development of the projects.
The Riversdale acquisition provides Rio Tinto with a prospective tier one coking coal developments.
