Rio Tinto Takes Stake in Ivanhoe.

The article presents a discussion on the agreement made between Ivanhoe mines and Rio Tinto in which Rio Tinto may acquire 40 percent equity ownership in Ivanhoe. A joint technical committee will oversee the construction and operation of Ivanhoe's Oyu Tolgoi copper and gold project located in the south Gobi region in Mongolia. According to Ivanhoe's chairman, the board selected Rio Tinto for its technical expertise and experience in underground mining and broad knowledge in coal mining and marketing.