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Rio lifts Ivanhoe stake

RIO Tinto has spent $C529.5 million ($A512.4 million) to take a further 2% of its Canadian joint ...

Kristie Batten

Rio exercised its subscription rights and will acquire a further 27.9 million Ivanhoe shares at $18.98 per share. The maximum stake Rio can reach under agreements is 49% and Rio already has seven out...

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