Share this article

Rio Tinto has won a 70.21% stake in uranium exploration company Hathor Exploration, based in Vancouver, Canada, for a total sum of $A627m (US$641.6m).

The company has extended its offer to acquire Hathor Exploration’s 94,950,089 common shares for $4.64 in cash within ten days.

All of the conditions of the offer, made through an indirect wholly owned Canadian subsidiary, have been satisfied.

Rio Tinto has extensive operations in Canada, which include mining and manufacturing interests in alumina, aluminium, iron ore, diamonds and titanium dioxide.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData