1 UNCCD COP17 OPENS IN MONGOLIA'S CAPITAL WWW.XINHUANET.COM PUBLISHED:2026/08/17      2 BILLIONAIRE BILL GATES ARRIVES IN MONGOLIA TO VISIT BAYAN-ULGII, DUNDGOVI, AND DORNOD PROVINCES WWW.GOGO.MN PUBLISHED:2026/08/17      3 GREEN CHARGING STATION CAPABLE OF CHARGING 10 EVS LAUNCHED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2026/08/17      4 FUEL SUPPLY TO RETURN TO NORMAL, RESTRICTIONS ON LICENSE PLATES AND PURCHASE LIMITS LIFTED WWW.GOGO.MN PUBLISHED:2026/08/17      5 13 CRIMINALS WHO WERE HIDING ABROAD HAVE BEEN EXTRADITED TO MONGOLIA WWW.OPEN.KG PUBLISHED:2026/08/17      6 CURRENT ACCOUNT RECORDS USD 207.2 MILLION SURPLUS WWW.MONTSAME.MN PUBLISHED:2026/08/17      7 TS.SANDAG-OCHIR: ABOUT MNT 250 BILLION ALLOCATED FROM STATE BUDGET FOR COP17 WWW.GOGO.MN PUBLISHED:2026/08/17      8 RUSSIA POSITIONS TRANS-SIBERIAN AND ASIAN RAIL ROUTES FOR SLOW TOURISM GROWTH WWW.NOMADLAWYER.ORG PUBLISHED:2026/08/17      9 KAZAKHSTAN PRESENTS TOKAYEV’S WATER INITIATIVE TO MONGOLIA WWW.DKNEWS.KZ PUBLISHED:2026/08/17      10 CHINA-MONGOLIA CROSS-BORDER TOUR OPENS BETWEEN ERENHOT, ZAMYN-UUD WWW.BASTILLEPOST.COM PUBLISHED:2026/08/17      Б.ДАШПҮРЭВ: ӨНӨӨДРӨӨС НИЙСЛЭЛИЙН ШТС-УУДЫН 90 ХУВИЙГ 24 ЦАГААР АЖИЛЛУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/08/17     ХЯТАДЫН С919 ОЛОН УЛСЫН АНХНЫ НИСЛЭГЭЭ ЯАГААД МОНГОЛ УЛСААС ЭХЛҮҮЛСЭН БЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/08/17     COP17 ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/17     COP17 ХУРЛЫН ХҮРЭЭНД 10 ЦАХИЛГААН МАШИНЫГ ЗЭРЭГ ЦЭНЭГЛЭХ "НОГООН ӨРТӨӨ" АШИГЛАЛТАД ОРЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/08/17     АМГТГ: АИ-92 ШАТАХУУН 28869 ТОННЫГ ОРУУЛЖ ИРЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/17     ИНТЕРМЕД ЭМНЭЛГИЙГ ЦАГДААГИЙН ХАМГААЛАЛТАД АВЧ, ШАЛГАЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/17     ЦАЛИНГИЙН ДООД ХЭМЖЭЭГ 1 САЯ ТӨГРӨГӨӨР ТОГТООВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/17     ОНЦГОЙ АЛБАН ТАТВАРЫН ОРЛОГО 100 ТЭРБУМ ТӨГРӨГӨӨР БУУРЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/17     “Т.ДОРЖХАНД 790 САЯАР ЦАХИЛГААН ЭКСПОРТЛОХ СТРАТЕГИ БОЛОВСРУУЛАХ ТЕНДЕР ЗАРЛАСАН” WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/17     ҮСХ: НЕФТИЙН БҮТЭЭГДЭХҮҮНИЙ ҮНИЙГ ДАГАН ГОЛ НЭРИЙН БАРАА БҮТЭЭГДЭХҮҮНИЙ ҮНЭ ӨСӨХ ТӨЛӨВТЭЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/16    
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