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Rio Tinto confirms $6.75B development capital for Oyu Tolgoi underground; production by Oct 2022

Green Car Congress

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 ). This will unlock the most valuable part of Oyu Tolgoi. —Arnaud Soirat, Chief Executive of Copper & Diamonds.

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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). As a part of the transaction Hawtai will invest€120 million for up to a maximum of a 29.9% Spyker Cars N.V. This agreement, which follows Spyker’s securing €59.1