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Mongolia , Thursday 16 July 2026

Rio Tinto, Mongolia government reach new financial terms for Oyu Tolgoi mine project

Published on: Wednesday 01 July 2026

Rio Tinto, Mongolia government reach new financial terms for Oyu Tolgoi mine project Rio Tinto (RIO) said late Tuesday it reached new financial terms with the Mongolian government for the $18B Oyu Tolgoi copper mining project, following months of negotiation over the country's single biggest mining project and foreign investment. The company said it agreed to cut its management fees for the project in the Gobi Desert by 50% and red...


News source: https://www.msn.com/en-us/money/markets/rio-tinto-mongolia-government-reach-new-financial-terms-for-oyu-tolgoi-mine-project/ar-AA26Zhnc

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