Rio Tinto gets approval to sell Brazil mine to Vale

SYDNEY (Reuters) - Global miner Rio Tinto (RIO.AX) (RIO.L) has received approval from the Brazilian National Defense Council for the proposed sale of its Corumba iron ore mine to Brazil's Vale SA (VALE5.SA), Rio Tinto said on Monday. Rio Tinto had announced the $750 million sale of Corumba last January as part of a $1.6 billion deal to sell a range of assets to Vale, the world's biggest iron ore miner. (Reporting by Mark Bendeich; Editing by Jonathan Standing)