Rio knew of project woes, UK court told

Original article by Peter Ker
The Australian Financial Review – Page: 17 & 20 : 13-Nov-19

Rio Tinto advised earlier in 2019 that the underground expansion of the Oyu Tolgoi copper mine in Mongolia could cost up to $US1.9 billion more than previously forecast. It also indicated that the expansion project may take up to 30 months longer than expected to complete. However, a former general manager at the mine has claimed that he raised concerns about a blowout in the cost and completion date for the expansion in July 2018. He has filed an unfair dismissal claim against Rio Tinto in the UK.

CORPORATES
RIO TINTO LIMITED – ASX RIO, GREAT BRITAIN. EMPLOYMENT TRIBUNAL, TURQUOISE HILL RESOURCES LIMITED

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