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Rio to invest $793 mln in Australia coal mine

Sun Dec 16, 2007 9:22pm EST

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SYDNEY, Dec 17 (Reuters) - Rio Tinto Ltd/Plc (RIO.AX)(RIO.L) said on Monday it would spend US$793 million as its share of the cost to extend the Kestrel metallurgical coal mine in Australia.

The total cost of the work was $991 million, it said. (Reporting by James Regan)



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