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Title
Rio Tinto finalizes acquisition of Turquoise Hill; $3.1 billion deal gives Rio Tinto 66 percent of Oyu Tolgoi project.
Abstract
The article reports that Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd. for a consideration of several billion, simplifying its ownership of the Oyu Tolgoi Mine in Mongolia, significantly strengthening Rio Tinto copper portfolio.