Rio Tinto Increases Its Stake In Ivanhoe Mines To 49 Per Cent

　　Rio Tinto plc  announced that it has increased its stake in Canadian miner Ivanhoe Mines Ltd. to 49%.

　　Rio said that it has acquired an additional 3.7 million common shares in Ivanhoe, increasing ownership in Ivanhoe Mines by 0.5%. The shares were purchased for an aggregate of C$73.075 million at a price per share of C$19.75.

　　The acquisition of Ivanhoe shares was made in compliance with existing contractual arrangements between Rio Tinto and Ivanhoe Mines that permits share purchases in certain circumstances and subject to certain limits.