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Rio, BP to pull out of Kaltim Prima

RIO Tinto and BP are pulling out of Indonesia's largest coal mine with an agreement to sell joint...

Greg Tubby
Rio, BP to pull out of Kaltim Prima

Rio said the 50:50 partners had both agreed to sell their stakes in PT Kaltim Prima to listed Indonesian resources company PT Bumi Resources for a total of US$500 million cash, a substantial discount to...

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