Rio Tinto: sale of Kestrel coal mine

28 March 2018

Greenwoods & Herbert Smith Freehills have advised Rio Tinto on income tax issues relating to the sale of its 80 per cent stake in the Kestrel coal mine to private equity manager EMR Capital and Indonesian coal company Adaro Energy, for $2.9 billion.

In the past 18 months Greenwoods has also acted for Rio Tinto in the sale of its Hail Creek and Valeria coal assets to Glencore for $2.2b and two of its Hunter Valley coal mining assets to Yancoal for $3.2b. 

The Greenwoods team was led by Director Narelle McBride, supported by Special Counsel Tim Neilson and Senior Associates Ryan Leslie and Tristan Boyd.

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Team

Narelle McBride

Director

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Tim Neilson

Special Counsel

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Ryan Leslie

Senior Associate

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Tristan Boyd

Senior Associate

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