--Anglo-Australian miner Rio Tinto PLC could sell its Australian coal mines, Hail Creek and Kestrel, for up to $2.5 billion, with at least three companies expected to table bids, Reuters reports, quoting unnamed sources.

--Among the expected bidders are Australia's Whitehaven Coal Ltd., a consortium led by U.S. private equity company Apollo Global Management LLC, and a duo formed of Australian private equity company EMR Capital and Indonesia's Adaro Energy, Reuters reports.

--According to Reuters, Rio Tinto said last year that it will exit coal and final offers for its last two mines of the fossil fuel are due Monday.

Full story: http://reut.rs/2oWy3fY

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(END) Dow Jones Newswires

March 09, 2018 09:25 ET (14:25 GMT)

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