Rio Tinto to provide comprehensive financing package to Ivanhoe Mines and agrees to Board and management changes

LONDON, United Kingdom, April 18, 2012 /CNW Telbec/ - Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have signed an agreement under which Rio Tinto has agreed to support and provide certain elements of a comprehensive funding package for Ivanhoe that will underpin the development of the Oyu Tolgoi copper-gold mine in Mongolia. The parties have also agreed that Rio Tinto, which currently owns 51 per cent of Ivanhoe, will replace a number of the directors on the Ivanhoe Board with Rio Tinto-nominated directors and also nominate a new management team.

Please click on this link to access the full press release: http://www.riotinto.com/media/18435_media_releases_21949.asp

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