Home » News » Rio Tinto coal Mozambique explains the write-down

Rio Tinto Coal Mozambique (RTCM), the Mozambican subsidiary of the London-based mining company Rio Tinto, on Thursday explained that the company’s three billion US dollar write-down of its Mozambican coal assets resulted from a re-assessment of the coking coal that could be recovered from the Rio Tinto concessions in the western province of Tete.