Ivanhoe Says $4.6 Billion Project May Get New Partner
This article is for subscribers only.
Ivanhoe Mines Ltd., building a $4.6 billion copper and gold mine in Mongolia with Rio Tinto Group, said it may bring in another partner after receiving interest in the Oyu Tolgoi project.
“This is likely to have another participant before it’s all over,” Deputy Chairman Peter Meredith said today at a conference in London. “We’ve had a lot interest from other majors but our partner is Rio Tinto so we have to be respectful of what their dreams and desires are.”