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Title
Turquoise Hill rejects $2.7 billion from Rio Tinto; Deal would have given Rio Tinto greater control of Oyu Tolgoi.
Abstract
The article focuses on plan of Rio Tinto, an Anglo-Australian mining company, to acquire 49 percent share of Turquoise Hill, a Canadian mining company. Topics discussed include proposal given by Rio Tinto to acquire the other company; statement of Rio Tinto on the acquisition plan, and agreement between Rio Tinto and the government of Mongolia underground development of the Oyu Tolgoi project in the Gobi Desert.