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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Limited | ASX:RIO | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.02 | 0.02% | 129.49 | 129.00 | 129.90 | 129.87 | 128.55 | 129.40 | 1,631,814 | 09:50:00 |
From May 2021 to May 2024
By Adriano Marchese
Turquoise Hill Resources Ltd.'s shares soared in early trading Monday after mining company Rio Tinto PLC offered to acquire the remaining 49% of the company it doesn't already own.
At 9:38 a.m. ET, the company's shares in Toronto were 32% higher at C$33.97, while its New York-listed shares were up 32% at $26.62.
Earlier on Monday, the Canadian miner said it will set up a committee to review and consider Rio Tinto's offer of 34 Canadian dollars (US$26.68) a share in cash, worth about $2.7 billion.
Turquoise Hill operates and develops the Oyu Tolgoi copper-gold mine in southern Mongolia. In late January, Rio Tinto reached agreements with Turquoise Hill and Mongolia's government on the Oyu Tolgoi mine expansion in South Gobi desert that led the partners to approve the start of underground operations.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 14, 2022 10:07 ET (14:07 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Rio Tinto Chart |
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