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Rio will give away 19.1% stake in Northern Dynasty
April 07, 2014 - 14:40 GMT
Rio Tinto has said it will give away its 19.1% stake in Northern Dynasty Minerals Ltd, owner of the Pebble copper project in Alaska, to two local charitable foundations.
"The decision follows the strategic review announced last
year of Rio Tinto’s interest in Northern Dynasty,
which concluded the Pebble Project does not fit with Rio
Tinto’s strategy," the company said on Monday
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Euromoney Institutional Investor PLC.
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