Rio Tinto to acquire remaining Turquoise Hill shares for US$3.3bn
The FTSE 100 miner will pay C$43 per share for the remaining 49% of Turquoise Hill that it does not currently own
Company
Rio Tinto Ltd
LON:RIO
Rio Tinto Ltd is a leading international mining group that finds, mines and processes the earth's mineral resources. The Group's major products include aluminium, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Its activities span the world but are strongly represented in Australia and North America. There are also significant businesses in South America, Asia, Europe and southern Africa.
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