March 1 (Reuters) - A U.S. appeals court on Friday ruled that the federal government may give away thousands of acres in Arizona to Rio Tinto Plc (RIO) RIO.L for a copper mine, upholding a previous ruling and rejecting a request from Native Americans who said the land has religious and cultural import.
The San Francisco-based 9th U.S. Circuit Court of Appeals' ruling essentially defers to a 2014 decision made by the U. S. Congress and then-President Barack Obama to give the land to Rio for its Resolution Copper project.
News: RIO U.S. appeals court rejects bid to block land swap for Rio's Arizona copper mine
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$120.97 |
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Mkt cap ! $44.90B | |||
| Open | High | Low | Value | Volume |
| $120.30 | $120.99 | $119.09 | $152.4M | 1.265M |
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