1 DELIBERATIVE COUNCIL ASSESSES PROGRESS OF ‘MONGOLIANS—STEWARDS OF THEIR WEALTH’ POLLING WWW.MONTSAME.MN PUBLISHED:2026/04/07      2 UKRAINE RANKS AMONG THE WORST IN EUROPE FOR INTERNET FREEDOM, WHILE THE US LAGS BEHIND MONGOLIA WWW.DEV.UA PUBLISHED:2026/04/07      3 37,337 PEOPLE SIGN PETITION SEEKING DISMISSAL OF KH.NYAMBAATAR WWW.GOGO.MN PUBLISHED:2026/04/07      4 CJ FOODVILLE EXPANDS K-BAKERY REACH IN ASIA AS MONGOLIA CAKE SALES TOP 1.7M WWW.BIZ.CHOSUN.COM PUBLISHED:2026/04/07      5 GOVERNMENT REOPENS BANK ACCOUNTS OF 12,100 COMPANIES FOR ONE MONTH WWW.MONTSAME.MN PUBLISHED:2026/04/06      6 NUMBER OF TOURISTS UP BY 40% WWW.MONTSAME.MN PUBLISHED:2026/04/06      7 MONGOLIA KEEPS AI-92 FUEL PRICE STABLE, RAISES DIESEL AND AI-95 PRICES WWW.MONTSAME.MN PUBLISHED:2026/04/06      8 MONGOLIA MINING: WEALTH BENEATH THE GOBI AND ITS GLOBAL STAKES WWW.IDENTECSOLUTIONS.COM PUBLISHED:2026/04/06      9 MONGOLIA’S SOE DEBT DOUBLES TO ₮11 TRILLION SINCE 2023 WWW.INSIDEMONGOLIA.MN PUBLISHED:2026/04/06      10 FOREIGN EXCHANGE RESERVES REACH USD 7.2 BILLION WWW.GOGO.MN PUBLISHED:2026/04/06      17 САЯ ЕВРОГИЙН ЗЭЭЛ АВЧ ЭРЧИМ ХҮЧНИЙ САЛБАРТ ЗАРЦУУЛАХЫГ ДЭМЖЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/07     УЛААНБААТАРТ ОРОН СУУЦ ЗАХИАЛЖ, ХУДАЛДАН АВАХДАА ЗААВАЛ АНХААРАХ ЗҮЙЛС WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/07     А.АМУНДРА ГЭРЧИЙН ХАМГААЛАЛТАД ОРОХ ХҮСЭЛТЭЭ АТГ-Т ГАРГАЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/07     ӨМНӨГОВЬ АЙМАГ 500 ТЭРБУМЫН БОНД ГАРГАЖ, ДЦС БАРИНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/07     РОСНЕФТЬ КОМПАНИТАЙ БАЙГУУЛСАН ГЭРЭЭНИЙ ХҮРЭЭНД ХИЛ ҮНИЙГ ТОГТВОРЖУУЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/07     COP17 УГТСАН МӨНГӨНИЙ УРСГАЛЫГ ХЭН УДИРДАХ ВЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/07     ТӨВ-ЕВРАЗИЙН ТЭЭВРИЙН КОРИДОР МОНГОЛ УЛСТАЙ ТОГТООСОН ЭДИЙН ЗАСГИЙН ХАРИЛЦААГ ГҮНЗГИЙРҮҮЛНЭ ГЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/04/06     ЭМЭЭЛТ ЭКО АЖ ҮЙЛДВЭРИЙН ПАРКИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ЭНЭ САРД ЭХЛҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/06     Ж.БАТЖАРГАЛ: ШАТАХУУНЫ ҮНЭ 2.5 ДАХИН ӨСӨХ ЭРСДЭЛТЭЙ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/06     ГЭСЭР БААТАРЛАГ ТУУЛЬСЫН ХОВОР ЭХИЙГ МОНГОЛ УЛСАД ШИЛЖҮҮЛЭВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/06    
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