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By Jonathan Stempel
NEW YORK (Reuters) -A U.S. judge said Rio Tinto Plc must face an investor lawsuit accusing the Anglo-Australian mining giant of concealing delays and huge cost overruns at a Mongolian copper and gold mine owned by Turquoise Hill Resources Ltd, in which Rio Tinto has a majority stake.
In a 134-page decision made public on Tuesday, U.S. District Judge Lewis Liman in Manhattan said funds advised by Pentwater Capital Management LP, Turquoise's largest minority shareholder with ...
>>> Read more: Rio Tinto must face lawsuit in U.S. over Mongolian mine cost overruns
NEW YORK (Reuters) -A U.S. judge said Rio Tinto Plc must face an investor lawsuit accusing the Anglo-Australian mining giant of concealing delays and huge cost overruns at a Mongolian copper and gold mine owned by Turquoise Hill Resources Ltd, in which Rio Tinto has a majority stake.
In a 134-page decision made public on Tuesday, U.S. District Judge Lewis Liman in Manhattan said funds advised by Pentwater Capital Management LP, Turquoise's largest minority shareholder with ...
>>> Read more: Rio Tinto must face lawsuit in U.S. over Mongolian mine cost overruns
