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25/08/2011 - 07:26

Rio Tinto increases stake in Ivanhoe Mines

25/08/2011 - 07:26

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Rio Tinto has increased its stake in Ivanhoe Mines with a payment of $C529.5 million ($A511.7 million).Under existing arrangements between the two companies, Ivanhoe will issue 27.9 million new shares to Rio Tinto subsidiary Rio Tinto International Holdings.

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