NEW YORK (Reuters) -Rio Tinto agreed to pay $138.75 million to settle a lawsuit accusing the Anglo-Australian mining giant of defrauding investors by failing to disclose problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia, according to court records.
A preliminary settlement was filed late on Wednesday with the U.S. District Court in Manhattan, and requires a judge’s approval.
(Reporting by Clara Denina in London and Jonathan Stempel in New York; Editing by Leslie Adler)
