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Stock impact report

Rio Tinto takes up full entitlements in ERA rights issue, moving to over 98% ownership [Yahoo! Finance]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Yahoo! Finance
the adjacent Kakadu National Park, a World Heritage site, and is committed to completing this important rehabilitation project in a way that is consistent with the wishes of the Mirarr People. The entitlement offer and shortfall bookbuild raised A$766.5 million (before costs) to fund planned rehabilitation activities of the Ranger Project Area. As a result of Rio Tinto taking up its pro rata entitlements in the entitlement offer and the level of participation by other ERA shareholders, Rio Tinto will hold over 98% of ERA's shares. No, if compulsory acquisition is completed, Rio Tinto has no intention to invest in mining or development of the Jabiluka deposit. Rio Tinto intends to proceed under Part 6A.2 of the Corporations Act 2001 (Cth) with the compulsory acquisition of all remaining ERA shares that it does not currently own at A$0.002 per ERA share. MELBOURNE, Australia, November 19, 2024 BUSINESS WIRE )--Rio Tinto notes the announcement today by Energy Resources of Austr Show less Read more
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