1 FINTECH LANDSCAPE OF MONGOLIA IN 2026 WWW.THEFINTECHTIMES.COM PUBLISHED:2026/05/25      2 MONGOLIA, RIO TINTO REACH AGREEMENT TO REDUCE OYU TOLGOI MANAGEMENT FEES WWW.ZSM.MN PUBLISHED:2026/05/24      3 THE UNITED STATES AND MONGOLIA COLLABORATE ON CONSERVATION OF GOLDEN STUPA AND TEMPLE COMPLEX AT ERDENE ZUU MONASTERY WWW.MN.USEMBASSY.GOV PUBLISHED:2026/05/24      4 MONGOLIA'S COAL SHIPMENTS TO CHINA SURGE 61% IN APRIL, OVERTAKING INDONESIA WWW.MININGWEEKLY.COM PUBLISHED:2026/05/24      5 RECORD PARTICIPATION MARKS ULAANBAATAR MARATHON 2026 WWW.MONTSAME.MN PUBLISHED:2026/05/24      6 T.DAVAADALAI INVESTIGATED OVER ALLEGED MISUSE OF BID FUNDS; MNT 30 MILLION FOR COSMETICS WWW.GOGO.MN PUBLISHED:2026/05/24      7 SEMI-COKE FUEL DRIVES UP TO 54% DROP IN ULAANBAATAR AIR POLLUTION WWW.GOGO.MN PUBLISHED:2026/05/24      8 GOVERNMENT APPROVES BAIDRAG HYDROPOWER PLANT PROJECT UNDER PPP FRAMEWORK WWW.MONTSAME.MN PUBLISHED:2026/05/21      9 IN THE GOBI REGION, CONSTRUCTION HAS BEGUN ON MONGOLIA'S FIRST HIGH-CAPACITY ROAD WITH A THICKNESS OF 80 CM WWW.OPEN.KG PUBLISHED:2026/05/20      10 MONGOLIA LAUNCHES NATIONWIDE CAMPAIGN AGAINST ONLINE FRAUD WWW.MONTSAME.MN PUBLISHED:2026/05/20      Б.НАЙДАЛАА: ИРЭХ ӨВӨЛ ЭРЧИМ ХҮЧНИЙ ХЯЗГААРЛАЛТАД ОРОХ ЭРСДЭЛ БИЙ. ЦАХИЛГААНЫ ҮНИЙГ 15-19 ХУВЬ НЭМЖ БАЙЖ АЛДАГДАЛГҮЙ АЖИЛЛАНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/05/25     МОНГОЛЫН АНХНЫ ЭКО ГИПСЭН ХАВТАНГИЙН ҮЙЛДВЭР АШИГЛАЛТАД ОРЛОО WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/25     ТӨВ ТАЛБАЙН АСРЫГ БУУЛГАХГҮЙГЭЭР "COP17" РУУ ШИЛЖҮҮЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/25     БАТЛАН ХАМГААЛАХЫН САЙД Д.БАТЛУТЫГ ОГЦРУУЛАХ ХҮСЭЛТИЙГ АН-ААС Н.УЧРАЛД ХҮРГҮҮЛЭХЭЭР БОЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/05/24     11 ДЭХ УДААГИЙН "УЛААНБААТАР МАРАФОН"-Д 46 МЯНГА ГАРУЙ ГҮЙГЧ, ТАМИРЧИН ОРОЛЦОЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/05/24     "ЗӨВШӨӨРӨЛТЭЙ СУГАЛАА" ХЭМЭЭН ИРГЭДИЙГ ЗАЛИЛСАН 17 ЭТГЭЭДИЙГ БАРИВЧИЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/05/24     УЛААНБУУДАЙН ТАРИАЛАЛТ 3.8 МЯНГАН ГА-ГААР ӨСӨВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/24     С.БАЯРЦОГТ: НИЙСЛЭЛИЙН ӨНГӨРСӨН 2 ЖИЛИЙН ТӨСӨВ, МЕГА ТӨСЛҮҮДЭЭР УИХ НЭЭЛТТЭЙ СОНСГОЛ ХИЙНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/05/21     ЭТТ: НАС БАРСАН ИРГЭНИЙ 1072 ХУВЬЦААНЫ НОГДОЛ АШИГ ХУУЛЬ ЁСНЫ ӨВЛӨГЧИД ШИЛЖИНЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/05/20     АТГ: НИЙСЛЭЛЭЭС ХЭРЭГЖҮҮЛЖ БУЙ 24 МЕГА ТӨСЛИЙГ ШАЛГАЖ ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/05/20    
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