Mongolia has informed Anglo-Australian mining giant Rio Tinto (ASX: RIO) that it wants a renegotiation of “unfair” commercial terms of the contract that applies to the development of the huge $18bn ...

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 ...

Rio Tinto (NYSE:RIO) said copper production from its Oyu Tolgoi project in Mongolia will not increase as rapidly nor efficiently as expected, after the Mongolian government forced it to make a major ...

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 ...

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.

VANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) provides an update on matters pertaining to the Shivee Tolgoi ...

Oyu Tolgoi LLC (OTLLC) Towns and operates the Oyu Tolgoi mine and is jointly owned by Rio Tinto (66%) and the government of Mongolia (34%). Rio Tinto has beneficial ownership of common shares of ...

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.

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 ...