Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start
Green Car Congress
JANUARY 25, 2022
Rio Tinto, Turquoise Hill Resources (TRQ) and the Government of Mongolia have reached an agreement that will move the Oyu Tolgoi (OT) copper mine project ( earlier post ) forward, resetting the relationship between the partners and increasing the value the project delivers for Mongolia. With this approval, the Parliament of Mongolia has required that certain measures be completed in order for Resolution 92 to be considered formally implemented.