The Conversation (0)
IBTimes reported Rio Tinto (ASX:RIO) is in talks to acquire uranium, base and rare earth metals mining rights at Toro Energy’s (ASX:TOE) Namibia mine
IBTimes reported Rio Tinto (ASX:RIO) is in talks to acquire uranium, base and rare earth metals mining rights at Toro Energy’s (ASX:TOE) Namibia mine
As quoted in the market news:
The investment news agency said Rio Tinto is conducting negotiations with Nova Energy for the licences of the three potential exploration projects. Nova Energy is a joint venture company controlled 25 per cent by Toro Energy, 65 per cent by Deep Yellow and 10 per cent by the Namibian Empowerment Company Sixzone Investments.
Click here to read the full IBTimes report.