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Rio Tinto offers $2.7B cash to buy Turquoise Hill stake in Oyu Tolgoi copper mine

Green Car Congress

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. gram per tonne of gold.

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Elon Musk discusses potential Tesla investment with Magnolia’s PM

Teslarati

On Tuesday, the pair discussed a possible joint research venture about rare earth elements and battery minerals through a virtual meeting. According to ODI research Mongolia’s economic growth over the last decade grew remarkably at an average of 8%. LTD purchased Ltd URT lithium mine project in Mongolia for $20 million.

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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

MEG, in conjunction with leading battery technology partners, and other associated MEG partners, has recently invested significant time in the heavy truck category, resulting in successful testing of the EV concept in a number of mines. Bruno Wu, Chairman of Ideanomics.

Vehicles 170