Rio tinto completes acquisition of turquoise hill

London--( business wire )--rio tinto has completed its acquisition of turquoise hill resources ltd (tsx: trq) (nyse: trq) (“turquoise hill”) for a consideration of approximately $3.1 billion1, simplifying its ownership of the world-class oyu tolgoi mine in mongolia, significantly strengthening rio tinto's copper portfolio, and demonstrating its long-term commitment to the project and mongolia.
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