Rio Tinto, Mongolian government to fund Oyu Tolgoi mine
RIO Tinto and Mongolia have agreed to continue funding the $US6.2 billion Oyu Tolgoi copper and gold mine in the Gobi Desert, keeping it on track to begin producing in June as they try to resolve a dispute over costs.
Rio Tinto controls the Oyu Tolgoi mine, Mongolia's biggest investment project, through its holdings in Toronto-listed Turquoise Hill Resources Ltd.
Rio Tinto controls the Oyu Tolgoi mine, Mongolia's biggest investment project, through its holdings in Toronto-listed Turquoise Hill Resources Ltd.
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