Rio Tinto's Majority Stake in Coal & Allied, Announces Sale of

 Ravensworth and Narama Coal Interests  
Business Editors  
LONDON--(BUSINESS WIRE)--Dec. 20, 2001--Rio Tinto (NYSE:RTP).Rio 
Tinto's 73 per cent owned Coal & Allied Industries Limited has reached 
agreement to sell the Ravensworth/ Narama thermal coal complex to ENEX 
Resources Limited, a wholly owned subsidiary of Glencore International 
AG, for $US64 million in cash.  
The Ravensworth/Narama complex, located in the Hunter Valley in 
New South Wales, includes the Ravensworth East operation, Ravensworth 
West mining tenements, and Coal & Allied's 50% share of the Narama 
operation. ENEX Resources will also purchase land owned by Coal & 
Allied overlying the Ravensworth West mining tenements.  
The sale is subject to a number of conditions including regulatory 
approvals and customer consent to the transfer of coal supply 
contracts.  
Coal & Allied acquired these assets in January 2001 as part of its 
acquisition of the Peabody Group's Australian coal assets. 
 
 
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