Original article by Peter Ker
The Australian Financial Review – Page: 18 : 17-Sep-19
Mongolian MPs are due to commence debate on the legal agreement that supports the operation of the Oyu Tolgoi copper mine in the week ending 19 September. The agreement in question is the 2009 Oyu Tolgoi Investment Agreement, which gives the Mongolian government a 34 per cent stake in the mine, which is regarded as one of Rio Tinto’s most significant assets. Production of gold and copper from Oyu Tolgoi commenced in 2013, while Rio is in the process of spending between $US6 billion ($8.7 billion) and $US8 billion on an underground expansion of the mine.
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