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Rio Tinto plc RIO announced that it has received approval from Turquoise Hill Resources Ltdâs shareholders to acquire the remaining 49% stake in the latter. This clears a significant milestone in the process of achieving full ownership in Turquoise Hill which will provide RIO 66% interest in Oyu Tolgoi, one of the worldâs largest known copper and gold deposits.
The deal, however, remains subject to the final approval of the Supreme Court of Yukon, with a hearing scheduled for Dec 14...
>>> Read more: Rio Tinto (RIO) Gets Turquoise Hill Shareholder Nod For Buyout
The deal, however, remains subject to the final approval of the Supreme Court of Yukon, with a hearing scheduled for Dec 14...
>>> Read more: Rio Tinto (RIO) Gets Turquoise Hill Shareholder Nod For Buyout
