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Live Auction Processes

6 processes
Indicative Bids DueUSD 1.8B

Hunter Valley Operations Coal Assets

Rio Tinto·Coal·Australia
OpenUSD 450M

Kanowna Belle Gold Mine

Northern Star Resources·Gold·Australia
OpenUSD 600M

Sonora Lithium Project (75% Stake)

Ganfeng Lithium·Lithium·Americas
Final Bids DueUSD 320M

Cerro Matoso Nickel Operations

South32·Nickel·Americas
OpenUSD 2.2B

Oak Dam Copper-Uranium Project

BHP Group·Copper·Australia
ClosedUSD 5.1B

Teck Steelmaking Coal Division (Remainder)

Teck Resources·Coal·Canada
Indicative Bids DueAsset SaleCoal

Hunter Valley Operations Coal Assets

Vendor: Rio Tinto (ASX:RIO)

USD 1.8B
Est. Enterprise Value
Advisor
Goldman Sachs
Region
Australia
Bids Due
2026-04-15

Asset Description

Rio Tinto is divesting its remaining Hunter Valley coal assets, comprising ~12Mtpa thermal coal capacity. Goldman Sachs mandated to run formal process.

Process

Indicative bids due April 15; final bids expected end of May.

Rumoured / Confirmed Bidders

YancoalWhitehaven CoalGlencore