Green Car Congress

MARCH 14, 2023

Rio Tinto has begun underground production from the Oyu Tolgoi copper mine in the Gobi Desert. Ore is currently being processed from Panel Zero in Hugo North Lift 1 and production will ramp up over the coming years. Earlier post.) The total workforce of Oyu Tolgoi is currently around 20,000 people, of which 97% are Mongolian.

Mongolia 170

Mongolia Production Tax 2010 170

Green Car Congress

OCTOBER 23, 2021

Benchmark Minerals reports that China’s ongoing energy shortage, which has seen local governments enforce intermittent power cuts since July 2021, has begun to affect domestic anode and cathode production as several producers were forced to scale back production in late Q3.

Supplies 186

Supplies Mongolia Chinese Energy 186

Green Car Congress

DECEMBER 17, 2020

Rio Tinto unveiled a pathway for the ongoing development of the underground project at Oyu Tolgoi in Mongolia, one of the largest known copper and gold deposits in the world ( earlier post ). At full production, the underground mine will produce 95 thousand tonnes of ore each day. billion and $7.2

Mongolia 243

Mongolia Production 2019 Australia 243

Green Car Congress

DECEMBER 17, 2022

billion, simplifying the ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto’s copper portfolio, and demonstrating its long-term commitment to the project and Mongolia. Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd for a consideration of approximately $3.1

Mongolia 218

Mongolia Yukon Canada 2013 218

Green Car Congress

DECEMBER 12, 2021

Giga Carbon Neutrality (GCN) has secured a contract to supply 200 hydrogen and battery EV powered heavy trucks and associated engineering machinery from The People’s Government of Ejin Horo Banner, an administrative division of Ordos City of the Inner Mongolia Autonomous Region in China. The partners plan to invest RMB 2.3

Hydrogen 221

Hydrogen China Carbon Mongolia 221

Green Car Congress

MARCH 15, 2022

The proposal follows the comprehensive agreement reached in January between Rio Tinto, Turquoise Hill and the Government of Mongolia to move the Oyu Tolgoi (OT) project forward ( earlier post ), reset the relationship between the partners and approve commencement of underground operations. billion in cash. Rio Tinto currently owns 50.8%

Mongolia 199

Mongolia Buy Purchase Price 199

Green Car Congress

MARCH 31, 2023

Porphyry copper deposits account for approximately 60% of global copper production, and are typically mined using open-pit methods. Developing La Granja would also further strengthen Rio Tinto’s copper portfolio following the acquisition of Turquoise Hill Resources and commencement of underground mining at Oyu Tolgoi in Mongolia.

Peru 273

Peru Mongolia 2006 Global 273