1 BANGLADESH TO SEND FIRST BATCH OF 12 WORKERS TO MONGOLIA NOV 1 WWW.THEFINANCIALEXPRESS.COM.BD PUBLISHED:2026/10/26      2 MONGOLIAN AMBASSADOR PRESENTS CREDENTIALS TO KING CHARLES III WWW.MONTSAME.MN PUBLISHED:2026/10/26      3 JAPAN GOVT SAYS IT TAKES MONGOLIA WILDFIRE SERIOUSLY WWW.JEN.JIJI.COM PUBLISHED:2026/10/26      4 MONGOLIA TO CONSIDER SEEKING COMPENSATION OVER GRASSLAND FIRE WWW.NIPPON.COM PUBLISHED:2026/10/26      5 MONGOLIA’S TAX AND SOCIAL INSURANCE BURDEN TO BE REDUCED BY US$278.3 MILLION NEXT YEAR WWW.ASIANEWS.NETWORK PUBLISHED:2026/10/26      6 48 BROWN BEARS KILLED WWW.UBPOST.MN PUBLISHED:2026/10/26      7 PERSONNEL RECEIVE RESCUE TRAINING FOR CABLE CAR SYSTEM WWW.UBPOST.MN PUBLISHED:2026/10/26      8 WILL RIO TINTO ALSO RECEIVE DIVIDENDS IF GOVERNMENT RECEIVES THEM? WWW.UBPOST.MN PUBLISHED:2026/10/25      9 INDONESIA INTERCEPTS MONGOLIAN-FLAGGED TANKER CARRYING 1.16 TONNES OF KETAMINE WWW.MARINEINSIGHT.COM PUBLISHED:2026/10/25      10 EXPERT WARNS OF COMPLEX ECOLOGICAL FALLOUT FROM MONGOLIA GRASSLAND FIRE LINKED TO JAPANESE COMPANY WWW.XINHUANET.COM PUBLISHED:2026/10/25      ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХИЙГ БҮГД НАЙРАМДАХ БЕЛАРУСЬ УЛСЫН ЕРӨНХИЙЛӨГЧ А.Г.ЛУКАШЕНКО АЛБАН ЁСООР УГТАН АВАВ WWW.IKON.MN НИЙТЭЛСЭН:2026/10/26     ХӨРӨНГИЙН БИРЖИЙН ГҮЙЦЭТГЭХ ЗАХИРЛЫН ҮҮРГИЙГ ТҮР ОРЛОН ГҮЙЦЭТГЭГЧЭЭР Б.АНАРЫГ ТОМИЛЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/10/26     NVIDIA КОМПАНИЙН ГҮЙЦЭТГЭХ ЗАХИРАЛ КАЗАХСТАН УЛСЫГ ФИЗИК ХИЙМЭЛ ОЮУН УХААНЫ ДЭЛХИЙН ТӨВ БОЛГОХ САНАЛ ТАВЬЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2026/10/26     О.ӨМӨРБЕК: "МОБИКОМ КОРПОРАЦ" ХОХИРЛЫГ ТОГТООХОД ХЭРЭГТЭЙ БАЙГАА ЗАРДАЛ, ТУСЛАМЖ ДЭМЖЛЭГИЙГ БҮХ ТАЛААС НЬ ҮЗҮҮЛНЭ WWW.IKON.MN НИЙТЭЛСЭН:2026/10/26     АРВАННЭГДҮГЭЭР САРД ОЛОН ЖИЛИЙН ДУНДЖААС ХҮЙТЭН БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/10/26     ЯПОНЫ ЗАСГИЙН ГАЗАР НӨМРӨГИЙН ТҮЙМЭРТ ХАРАМСАЖ БУЙГАА ИЛЭРХИЙЛЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/10/26     СЭТГЭЦЭД НӨЛӨӨТ БОДИС ТЭЭВЭРЛЭСЭН ЭТГЭЭДҮҮДИЙГ СААТУУЛЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/10/26     Н.АЛТАНХУЯГ НАРЫН ХЭРГИЙГ ДАХИН ХЭЛЭЛЦЭНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/10/25     ГАЗРЫН ТОС БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙН ТҮҮХИЙ ЭДИЙН ЭРЛИЙГ 15 БАЙРШИЛД ХИЙЖ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/10/25     Б.ПҮРЭВДАГВА: НИЙСЛЭЛЧҮҮДЭД 0.7 ГА ГАЗРЫГ ӨМЧЛҮҮЛЭХ АЖЛЫГ ЭРЧИМЖҮҮЛНЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/10/25    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Rio Tinto scores big win in Mongolia www.mining.com

The world’s second largest miner Rio Tinto (ASX, LON, NYSE: RIO) has scored a major win in Mongolia after the country’s parliament unanimously approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements approved since 2009.

The legislators’ resolution brings an 18-month review on the deals governing the copper-gold mine to a close, allowing the company to continue with an ongoing $7 billion expansion of the operation.

The news is something of a relief for Rio Tinto, which feared the government might try to completely renegotiate the agreements on the asset’s development — a 2009 investment agreement, a 2011 amended and restated shareholder agreement and a 2015 underground mine development and financing plan.

The resolution, however, recommends to explore options to improve the deal, including looking at the Mongolian government’s equity share in Oyu Tolgoi, a re-definition of the reserve report and updated feasibility report, and a renewal of environmental and water assessments.

“Adherence to these agreements by all parties has underpinned a total in-country spend of around $10 billion since 2010,” Rio Tinto’s chief executive copper and diamonds, Arnaud Soirat, said in the statement.

Soirat acknowledged there was still “a lot of work to do” to ensure Oyu Tolgoi reaches its full potential.

Oyu Tolgoi was discovered in 2001 and Rio gained control of it in 2012. The ongoing mine expansion is expected to lift production from 125–150kt this year to 560kt at full tilt from 2025, making it the biggest new copper mine to come on stream in several years.

The giant operation is one-third owned by Mongolia’s government and two-third held by Canada’s Turquoise Hill Resources (TSX, NYSE:TRQ). Out of Turquoise’s 66% share, Rio owns 51%.



Published Date:2019-12-13