Oyu Tolgoi shareholder to meet again this week

Four cabinet ministers met representatives from the Rio Tinto group on Wednesday February 6th.

The shareholders meeting that was held behind closed doors is to be continued this week after a break.

After the break from the meeting, D.Gankhuyag, Minister for Mining, N.Batbayar, Minister for Economic Development, S.Oyun, Minister for Environment and Green Development and Ch.Ulaan, Minister for Finance gave a brief summary about the issues discussed during the meeting.

At the brief summary the cabinet ministers noted 20 points about the Oyu Tolgoi project raised during the meeting.

The Mongolian Government wants clarity over the reason of the total project cost increase in detail.

But Oyu Tolgoi LLC has not commented on the issue except a position posted on its official website.

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