Most analysts think Rio Tinto got a good price for
its NSW coal sale, but radio host Ray Hadley reckons the Treasurer will have «major concerns» about China's involvement.
The Yancoal transaction followed the $ US606 million
sale of Rio's 40 per cent stake in the Bengalla
coal mine to New Hope, and the $ US220 million
sale of the Mt Pleasant
coal project in
NSW in 2016.