Rio sells Clermont coal stake to Glencore, Sumitomo for $1 billion

MELBOURNE/LONDON (Reuters) - Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1...

from Reuters: Deals http://feeds.reuters.com/~r/news/deals/~3/m8wDjIiGNAo/us-riotinto-glencore-clermont-idUSBRE99O0DQ20131025