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MONTREAL - Rio Tinto says a Chinese aluminum company is interested in buying a minority equity stake in Ivanhoe Mines Ltd., or a direct interest in Ivanhoe's US$4.6-billion Oyu Tolgoi copper and gold development in Mongolia.


In a filing Wednesday with U.S. regulators, the London-based global mining giant said it continues to talk with the Aluminum Corporation of China (Chinalco) — its largest shareholder — about its ownership interests.


"If any arrangement is agreed, it may be a bipartite or tripartite arrangement with (Ivanhoe) and/or Rio Tinto," it said.


Any such arrangement may require approval from Ivanhoe, Rio Tinto and the Mongolian government.





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