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AAP
AAP
Business
Steven Deare

Rio didn't tell investors of coal failings

Rio Tinto misled investors over its coal operations in Mozambique. (AAP)

Rio Tinto misled investors when it failed to reveal some coal operations were no longer economically viable, a court has found.

The Federal Court ruled the mining giant failed share market obligations by not passing on information that Rio Tinto Coal Mozambique could not continue as a top coking coal resource.

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