News Mongolia Trading: Mongolia-China Rail Link Set to Boost Coal Trade
A new dual-gauge rail line is planned to connect Mongolia’s Tavan Tolgoi mines with China, significantly boosting coking coal transport by an estimated 30%. The rail project aims to eliminate the need ...
News Mongolia Trading: Turquoise Hill Shares Jump After Agreement Clears Mongolia Mine Expansion
By Robb M. Stewart Turquoise Hill Resources Ltd.'s shares rallied Tuesday after a deal was struck to allow the delayed expansion of the Oyu Tolgoi ...
News Mongolia Trading: Rio Tinto, Mongolia Reach Deal To Advance Oyu Tolgoi Copper Project
Turquoise Hill Resources (TRQ) and the Government of Mongolia have reached an agreement that will lead to the start of underground operations at the Oyu Tolgoi copper mine, the Anglo-Australian mining ...
News Mongolia Trading: Rio cleared for Mongolian copper
After two years of negotiations, Rio Tinto and the Mongolian government have concluded a $3.3 billion debt waiver deal to allow the miner to establish one of the world’s largest copper mines.
