Rio Tinto (RIO) Removes Force Majeure on Australian Coal Mines

Global miner Rio Tinto (NYSE:RIO) has lifted force majeure on its Blair Athol and Kestrel coal mines in Australia's northeast Queensland state but kept it in place for two other mines, Rio said on Thursday.

The mines had been under force majeure since late December due severe flooding in Queensland state that brought much of the state's coal mining industry to a halt.

Rio lifted its force majeure from Blair Athol on Friday and from Kestrel on Monday, a spokesman for Rio Tinto Coal Australia said.

"Force majeure remains in effect at Rio Tinto Coal Australia's other two mines in central Queensland: Clermont and Hail Creek," the spokesman said.





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