Rio Tinto, ICT Group Form Russia Exploration Firm, Interfax Says
Rio Tinto Group and Russian billionaire Alexander Nesis’s ICT Group formed a geological exploration joint venture to work in Russia, Interfax reported, citing an unidentified ICT spokesperson.
The Cyprus-registered Rio Tinto ICT Ltd. acquired a company that holds a license to possible deposits in the Far East, the Moscow-based news service reported, citing an unidentified person familiar with the deal.
To contact the reporter on this story: Scott Rose in Moscow at firstname.lastname@example.org
To contact the editor responsible for this story: Scott Rose at email@example.com