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© Reuters. FILE PHOTO: The Rio Tinto logo is displayed on a visitor’s helmet at a borates mine in Boron, California, U.S., November 15, 2019. REUTERS/Patrick T. Fallon
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© Reuters. FILE PHOTO: The Rio Tinto logo is displayed on a visitor’s helmet at a borates mine in Boron, California, U.S., November 15, 2019. REUTERS/Patrick T. Fallon
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(Reuters) – Rio Tinto (NYSE:) Ltd said on Friday it had completed its long drawn-out acquisition of a 49% stake in Turquoise Hill Resources (NYSE:), giving the world’s top iron ore producer a 66% stake in Mongolia’s Oyu Tolgoi, the world’s largest known and gold deposit.
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