{"id":4454,"date":"2014-07-25T13:17:19","date_gmt":"2014-07-25T06:17:19","guid":{"rendered":"http:\/\/southafricatoday.net\/africa-news\/?p=4454"},"modified":"2014-07-25T13:17:31","modified_gmt":"2014-07-25T06:17:31","slug":"rio-tinto-offloads-mozambique-assets","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/mozambique\/rio-tinto-offloads-mozambique-assets\/","title":{"rendered":"Rio Tinto offloads Mozambique assets"},"content":{"rendered":"<p>A group of Indian state-run metal and mining companies is planning to buy three of Rio Tinto&#8217;s coal mines in Mozambique for around $US108 million ($114.7m), said people familiar with the negotiations.<\/p>\n<p>If the deal goes through, it will be the first acquisition by India&#8217;s International Coal Ventures, which was set up in 2009 to buy assets abroad by government-run companies including Steel Authority of India, Coal India and power producer NTPC.<\/p>\n<p>&#8220;We expect the deal to be signed over the next three to four days,&#8221; a government official involved with the negotiations said.<\/p>\n<p>A Rio Tinto spokesman declined to comment Thursday&#8230;<\/p>\n<p><a title=\"Mozambique News\" href=\"http:\/\/www.theaustralian.com.au\/business\/latest\/rio-tinto-offloads-mozambique-assets\/story-e6frg90f-1227000869175\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n<p>South Africa Today Africa \u2013 Southern Africa <a title=\"Mozambique\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/mozambique\/\">Mozambique<\/a> News<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of Indian state-run metal and mining companies is planning to buy three of Rio Tinto&#8217;s coal mines in Mozambique for around $US108 million ($114.7m), said people familiar with the negotiations. If the deal goes through, it will be the first acquisition by India&#8217;s International Coal Ventures, which was set up in 2009 to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":188473,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[654],"tags":[258,256,1065,3193,4704,682,257,3195,1074,254,4693,3194],"class_list":["post-4454","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mozambique","tag-africa","tag-africa-news","tag-coal-india","tag-indias-international-coal-ventures","tag-mozambique","tag-mozambique-news","tag-news","tag-ntpc","tag-rio-tinto","tag-south-africa-today","tag-southern-africa","tag-steel-authority-of-india"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/4454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=4454"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/4454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=4454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=4454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=4454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}