annb0t
Top 20
Rio Tinto plc (NYSE: RIO) proposed to buy out Turquoise Hill Resources Ltd (NYSE: TRQ) for $2.7 billion, aiming to gain more control of a giant copper mine itâs developing in Mongolia, reported Bloomberg. Rio wants to expand its exposure to so-called future-facing commodities. This transaction could ease many problems at the flagship Oyu Tolgoi growth project. Rio has faced spiraling costs and long-running disputes with both the Mongolian government and Turquoise Hill. Recently, Rio struck ...
>>> Read more: Rio Tinto Offers To Buy Turquoise Hill Resources For $2.7B: Bloomberg
>>> Read more: Rio Tinto Offers To Buy Turquoise Hill Resources For $2.7B: Bloomberg
