Safe in Rio's clutches

After an extended tale of corporate stratagem, Ivanhoe Mines' final escape route from Rio Tinto has been cut off, putting Rio in a position to take absolute control of its partner.

One of the more entertaining episodes of corporate intrigue and manoeuvring appears to have ended after Rio Tinto emerged as the clear winner from a lengthy arbitration process with its reluctant Oyu Tolgoi partner, Ivanhoe Mines.

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