Rio boosts Ivanhoe holding

RIO Tinto has completed the second tranche of its investment in Ivanhoe Mines, boosting its holding to 19.7%.

Rio boosts Ivanhoe holding Rio boosts Ivanhoe holding Rio boosts Ivanhoe holding Rio boosts Ivanhoe holding Rio boosts Ivanhoe holding

The second tranche of the private placement sees Rio's holding grow from 9.8% to 19.7% of Ivanhoe's common shares, and consists of 46.30 million common shares at a subscription price of $US8.

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