Sumitomo, Glencore to buy 50.1 percent stake in Clermont mine from Rio Tinto

TOKYO (Reuters) - Japan's Sumitomo Corp said on Friday it and Glencore Xstrata PLC will buy a 50.1 percent stake in the Clermont coal mine in Australia from Rio Tinto for $1.015 billion.

from Reuters: Deals http://feeds.reuters.com/~r/news/deals/~3/mYldXnHjFZs/us-riotinto-glencore-clermont-sumitomo-idUSBRE99O0BE20131025