1 TRUMP-BACKED CRITICAL MINERALS DEALS FACE GROWING PRESSURE AFTER BLUE WAVE WWW.BLOOMBERG.COM PUBLISHED:2026/11/09      2 TDB INVESTS USD 30 MILLION IN A THREE-YEAR TECHNOLOGY TRANSFORMATION WWW.MONTSAME.MN PUBLISHED:2026/11/09      3 MONGOLIA, US DISCUSS EXPANDING COOPERATION IN VOCATIONAL EDUCATION WWW.MONTSAME.MN PUBLISHED:2026/11/09      4 TMK SMASHES MONGOLIAN GAS RECORD AS 30-YEAR LICENCE BECKONS WWW.THEAGE.COM.AU PUBLISHED:2026/11/09      5 PRESIDENT OF MONGOLIA CONFERS THE ORDER OF CHINGGIS KHAAN ON THE MAS WWW.NEWS.MN PUBLISHED:2026/11/09      6 MONGOLIA TO BUILD SECOND AIR NAVIGATION CENTRE IN SAINSHAND BY 2027 WWW.MONTSAME.MN PUBLISHED:2026/11/09      7 EXPERTS DISCUSS MONGOLIA’S FRESHWATER RESOURCES WWW.MONTSAME.MN PUBLISHED:2026/11/09      8 COUNTRY RICH WITH LIVESTOCK, BUT POOR HERDERS WWW.UBPOST.MN PUBLISHED:2026/11/08      9 PUREVDAGVA ELECTED ULAANBAATAR MPP COMMITTEE CHAIR WWW.MONTSAME.MN PUBLISHED:2026/11/08      10 KAKAO ENTERPRISE TO SUPPORT MONGOLIA'S PUBLIC CLOUD TRANSITION, INCLUDING LOCAL TALENT DEVELOPMENT WWW.FINANCE.BIGGO.COM PUBLISHED:2026/11/07      УЛААНБААТАР ХОТЫН ЗУРГААН ТӨРЛИЙН ТАТВАРЫГ 50 ХУВЬ БУУРУУЛАХ ХОТЫН ДАРГЫН САНААЧИЛГЫГ НИТХ ДЭМЖЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/11/09     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК НЭГ ИХ НАЯД ТӨГРӨГИЙН НООГДОЛ АШИГ ТӨВЛӨРҮҮЛЭВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/11/09     100 САЯАС ДЭЭШ ХАХУУЛЬ АВБАЛ БҮХ НАСААР ХОРИХ САНАЛЫГ 100 МЯНГАН ИРГЭН ДЭМЖЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/11/09     ГАДААД ХУДАЛДААНЫ БАРАА ЭРГЭЛТ 33.5 ХУВИАР ӨСӨЖ, 28.8 ТЭРБУМ ДОЛЛАРТ ХҮРЭВ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/11/09     “ЧИНГИС ХААН” ТЭРГҮҮН ЗЭРГИЙН ОДОНГ ШИНЖЛЭХ УХААНЫ АКАДЕМИД ХҮРТЭЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/11/09     “ЦЕМЕНТ ШОХОЙ” ХХК-Д 558.3 ТЭРБУМЫН ЗӨРЧИЛ ИЛЭРЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/11/09     "ТУУЛЫН ХУРДНЫ ЗАМЫН ТӨСӨЛ ДЭЭР Х.НЯМБААТАРААС ГАДНА 5 ХҮНИЙГ ШАЛГАЖ БАЙНА" WWW.NEWS.MN НИЙТЭЛСЭН:2026/11/09     ЗАМЫН-ҮҮДЭД АЧААНЫ ЦАХИЛГААН АВТОМАШИНД ЗОРИУЛСАН НОГООН ГАРЦ БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/11/08     “МОНГОЛЫН ТӨМӨР ЗАМ” ТӨХК ОНЫ ЭХНИЙ 11 САРЫН БАЙДЛААР 11,7 САЯ ТН АЧАА ТЭЭВЭРЛЭЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/11/08     САЙНШАНД ДАХЬ АГААРЫН НАВИГАЦИЙН ТӨВИЙГ 2027 ОНД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/11/08    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Rio Tinto’s Giant Mongolia Project Dealt Another Blow www.bloomberg.com

(Bloomberg) -- Rio Tinto Group has another headache to deal with in Mongolia, as the government looks set to lose a legal challenge to its agreement with the world’s second-biggest miner.

Rio is building a giant underground copper mine, known as Oyu Tolgoi, in the country. Yet the project has been beset by delays, legal probes, cost overruns and government pressure.

Rio said Tuesday that early reports suggest an administrative court has upheld claims by the Darkhan Mongol Nogoon Negdel non-governmental organization that Mongolia didn’t follow due process on the agreement that underpins its development of the asset.

The group, which promotes ecological balance and economic independence, had disputed the Dubai agreement signed in 2015, as well as the authority of Mongolian government officials involved in the negotiations.

It’s not yet clear what the implications will be. But with the court’s formal written ruling expected to be released in the coming weeks, it adds a fresh element of uncertainty to an already difficult project.

“The Dubai agreement is not annulled by the court decision. However, this decision raises questions about due authorization and capacity of those who signed the Dubai agreement,” said lawyer Solongoo Bayarsaikhan, a managing partner of Avinex Partners LLP in the capital, Ulaanbaatar, who is not involved in the case. “We need to see the actual court decision.”

Earlier this year, Rio warned that its flagship growth project could cost as much as $1.9 billion more than forecast and faces potential delays to full production of as long as two and a half years. The expansion of the mine has run into difficulties after potential stability risks were identified within the planned underground operation, and it could now cost as much as $7.2 billion.

The overruns will mean Mongolia must wait longer before profits start flowing from the mine to the government.

On top of the actual problems building the project, there have been numerous controversies in the country. A parliamentary working group recommended in April that Mongolia review the 2009 deal that launched construction and revoke a 2015 agreement allowing for an underground expansion to tap into most of its mineral wealth. The mine has also been at the center of tax disputes and a probe into allegations of corruption.

Rio said that it “strongly refutes” any suggestion that its agreement is illegal.

To contact the reporters on this story: Thomas Biesheuvel in London at tbiesheuvel@bloomberg.net;Terrence Edwards in Ulaanbaatar at tedwards100@bloomberg.net

To contact the editors responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net, Liezel Hill, Dylan Griffiths



Published Date:2019-11-20