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Aditya Birla Group, Coal India in race for Rio's $3.2 bn Australia coal mines: report

China's state-owned Shenhua Group Corp Ltd and Aditya Birla Group are among the companies considering bids for Rio Tinto's Australian coal assets, which have an estimated value of $3.2 billion, people familiar with the matter told Reuters. The coal stakes are among a string of assets Rio is offloading as its new chief executive, Sam Walsh, seeks to raise funds to help cut the company's $26 billion in debt and protect its single-...
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