Ivanhoe issue a success as parent Rio Tinto takes its fill

FTSE 100 mining giant Rio Tinto has pumped in just under a billion dollars into its subsidiary Ivanhoe, by taking up its full entitlement in the Asia and Australia-focused miner's rights issue.

FTSE 100 mining giant Rio Tinto has pumped in just under a billion dollars into its subsidiary Ivanhoe, by taking up its full entitlement in the Asia and Australia-focused miner's rights issue.

Rio paid just under $935m to acquire just over 133.57m Ivanhoe shares, which were being offered to shareholders at $7.00 each.

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