March 30 (Reuters) - Rio Tinto Ltd (RIO) :
- RIO TINTO AND FIRST QUANTUM MINERALS PARTNER TO PROGRESS THE LA GRANJA COPPER PROJECT IN PERU
- RIO TINTO - UNDER PROPOSED TRANSACTION, FIRST QUANTUM WILL ACQUIRE A 55% STAKE IN PROJECT FOR $105 MILLION
- RIO TINTO - FIRST QUANTUM WILL COMMIT TO FURTHER INVEST UP TO $546 MILLION INTO JOINT VENTURE TO SOLE FUND CAPITAL AND OPERATIONAL COSTS FOR PROJECT
- RIO TINTO - CO, FIRST QUANTUM MINERALS ENTERED DEAL TO FORM A JOINT VENTURE THAT WILL WORK TO UNLOCK DEVELOPMENT OF LA GRANJA COPPER PROJECT IN PERU
- RIO TINTO - UPON CLOSE OF SOLE FUNDING COMMITMENT, ALL SUBSEQUENT EXPENDITURES TO BE APPLIED ON PRO-RATA BASIS ACCORDING TO SHARE OWNERSHIP OF PROJECT
- RIO TINTO - AS MAJORITY OWNER, FIRST QUANTUM WILL THEN OPERATE LA GRANJA PROJECT WITH INITIAL WORK FOCUSSED ON COMPLETING FEASIBILITY STUDY
News: RIO Rio Tinto And First Quantum Minerals Partner To Progress The La Granja Copper Project In...
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