RPT-UPDATE 1-X2 in 'serious' talks for Rio Tinto's coal assets in Australia -FT
June 29, 2015 at 20:15 PM EDT
June 29 (Reuters) - Former Xstrata boss Mick Davis' X2 Resources is in "serious" talks to purchase some of Rio Tinto Plc's Australian coal assets, the Financial Times reported citing people familiar with the matter.