Ivanhoe has not received the Government approvals required to meet the deadline of 120 days from the announcement for its plans to purchase up to a 55% stake in Renergen. Ivanhoe remains a 4.35% shareholder of Renergen and this does not preclude Ivanhoe from further investments in Renergen, as Ivanhoe was interested in the gas production from Renergen to supply its mining assets.
Ivanhoe misses deadline to increase stake in Renergen
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