article thumbnail

Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start

Green Car Congress

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.

Mongolia 150
article thumbnail

First China-developed hydrogen fuel cell locomotive starts trial runs

Green Car Congress

The first China-developed hydrogen fuel cell hybrid locomotive—from core power to main components—has started trial runs on a 627 km railway line for coal transport in north China’s Inner Mongolia Autonomous Region. Source: Xinhua. and the Hydrogen Energy Co., and the Hydrogen Energy Co.,

Mongolia 540
article thumbnail

Rio Tinto begins underground production at Oyu Tolgoi; 4th largest copper mine in world by 2030

Green Car Congress

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
article thumbnail

Envidity launches $1B UCG-GTL project in Mongolia

Green Car Congress

announced the commitment of funds to launch a US$1-billion underground coal gasification gas-to-liquids (UCG-GTL) project in Mongolia. Prime Minister Batbold asked me in March 2010 during a meeting in Ulaanbaatar to help bring this kind of project to Mongolia. This is a key strategic project for Mongolia.

Mongolia 278
article thumbnail

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 ). At full production, the underground mine will produce 95 thousand tonnes of ore each day. billion and $7.2

Mongolia 243
article thumbnail

Rio Tinto completes acquisition of Turquoise Hill for $3.1B

Green Car Congress

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
article thumbnail

Topsoe to provide technology for first commercial size dynamic green ammonia plant in China

Green Car Congress

The first phase will have a capacity of 1800 tons per day (390,000 tpa) with expected start of production in 2025. We are excited to partner with Topsoe, as they are the leading provider of technology for ammonia production and low carbon solutions in general. tons of sulfur dioxide, 3.2 tons of nitrogen oxides, and 3.2

China 218