Rio Tinto will probably make a counter-offer for Hathor Exploration

Base metal mining oriented group Rio Tinto is unlikely to walk away from a bidding war for uranium developer Hathor Exploration, investors said on Tuesday, after rival bidder Cameco Corp trumped the global miner with a C$625m ($615m) offer, Reuters reports.

Base metal mining oriented group Rio Tinto is unlikely to walk away from a bidding war for uranium developer Hathor Exploration, investors said on Tuesday, after rival bidder Cameco Corp trumped the global miner with a C$625m ($615m) offer, Reuters reports.

AB

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