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 ...

VANCOUVER, British Columbia, June 06, 2025 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) announces the Entrée/Oyu Tolgoi joint venture (the “Entrée/Oyu ...

ULAANBAATAR, Mongolia--(BUSINESS WIRE)-- The Oyu Tolgoi LLC Board of Directors has approved development work to commence under an alternative mine plan, while engagement continues with Entrée ...

Mongolia's economy is rebounding thanks to the commencement of underground production at the Oyu Tolgoi copper mine. This, coupled with coal exports, has resulted in a surge in GDP growth.

Protesters blocked copper exports from Rio Tinto's (RIO) massive Oyu Tolgoi copper mine in Mongolia on Wednesday, threatening the supply of copper concentrate to China. The protest group, which is ...

ULAANBAATAR, Mongolia--(BUSINESS WIRE)--The Prime Minister of Mongolia, Luvsannamsrain Oyun-Erdene, today joined Rio Tinto Chief Executive Jakob Stausholm 1.3 kilometres underground to celebrate the ...

Mongolia's government is seeking to renegotiate the "unfair" ‌commercial terms of Rio Tinto's (RIO) giant Oyu Tolgoi copper mine, the Financial Times reported late Monday. Mongolia's Prime Minister ...

Mongolia seeks to renegotiate "unfair" terms with Rio Tinto, FT says Rio Tinto in active negotiations with Mongolian Government Mongolia proposes lower loan interest rate and management fee, as per FT ...

Located in Mongolia’s South Gobi Desert, the Oyu Tolgoi copper-gold mine has long stood as a paradox. The project hailed as the cornerstone of Mongolia’s economic modernization has simultaneously ...

Rio Tinto said it is in negotiations with Mongolia over the giant Oyu Tolgoi copper mine, one of the world’s biggest deposits of the metal needed to build electric vehicles and data centers. Mongolia ...