1 DRAFT LAW ON AMENDMENTS TO THE GENERAL LAW ON TAXATION TO BE SUBMITTED TO PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/06/05      2 THE FALL OF MONGOLIA’S COALITION GOVERNMENT WWW.THEDIPLOMAT.COM  PUBLISHED:2025/06/05      3 REVISED DRAFT LAW ON VALUE ADDED TAX TO BE SUBMITTED TO PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/06/05      4 MONGOLIA SOLAR TENDER: 19.8 MW SOLAR PLANT FOR A STUNNING FUTURE WWW.PVKNOWHOW.COM  PUBLISHED:2025/06/05      5 GOLD PURCHASE BY MONGOLIA'S CENTRAL BANK DOWN 29.3 PCT IN 1ST 5 MONTHS OF 2025 WWW.XINHUANET.COM PUBLISHED:2025/06/05      6 FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS APPOINTS NEW REPRESENTATIVE IN MONGOLIA WWW.GOGO.MN PUBLISHED:2025/06/05      7 MONGOLIA:REGULATORY SANDBOX FRAMEWORK HAS BEEN AMENDED AND APPROVED WWW.ASIAINSURANCEREVIEW.COM  PUBLISHED:2025/06/05      8 RESOURCE-RICH MONGOLIA FACES POLITICAL UNCERTAINTY AFTER THE PRIME MINISTER RESIGNS WWW.APNEWS.COM PUBLISHED:2025/06/04      9 WHY MONGOLIA’S PRIME MINISTER RESIGNED WWW.TIME.COM PUBLISHED:2025/06/04      10 MONGOLIA PM RESIGNS AFTER SON'S LUXURY HOLIDAY STIRS PUBLIC FURY WWW.BBC.COM PUBLISHED:2025/06/04      ЕРӨНХИЙ САЙДАД НЭР ДЭВШИГЧДИЙГ МАРГААШ ТОДРУУЛНА WWW.ZINDAA.MN  НИЙТЭЛСЭН:2025/06/05     МОНГОЛЫН ИРГЭД ОХУ РУУ ЗОРЧИХДОО ШИНЭ ЖУРАМ МӨРДӨНӨ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/05     АЛБАДАН ГАРГАСАН ГАДААДЫН ИРГЭДИЙН ТОО ӨМНӨХ ОНЫ МӨН ҮЕЭС 71 ХУВИАР ӨСЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/05     МОНГОЛБАНК ЗАСГИЙН ГАЗРЫН “ХАМЖИГЧ”-ААР АЖИЛЛАСНЫ АЛДАГДАЛ 3.6 ИХ НАЯД ТӨГРӨГТ ХҮРЧЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/05     НИЙГМИЙН ДААТГАЛЫН БАГЦ ХУУЛЬ: АЖИЛ ОЛГОГЧДЫН ТӨЛДӨГ НДШ-ЭЭС 2 ХҮРТЭЛХ ХУВИЙГ ХӨНГӨЛНӨ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/05     ДОТООДЫН МАХ, МАХАН БҮТЭЭГДЭХҮҮНИЙ ҮНЭ ЖИЛИЙН 18.2 ХУВИАР ӨССӨН НЬ ИНФЛЯЦИД НӨЛӨӨЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/05     2026 ОНЫ АЗИ ТИВИЙН ШАТРЫН АВАРГА ШАЛГАРУУЛАХ ТЭМЦЭЭНИЙГ МОНГОЛ УЛСАД ЗОХИОН БАЙГУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/05     ШИНЭ ЕРӨНХИЙ САЙД ТОМИЛОХ МАН-ЫН БАГА ХУРАЛ МАРГААШ БОЛНО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/04     Н.УЧРАЛ: ТӨК-ИЙН ЗАХИРГААНЫ ОРОН ТОО, ТУЗ-ИЙН ТООГ БУУРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/04     ТАТВАРАА ТӨЛӨӨГҮЙ 103 МЯНГАН ЭЗЭМШИГЧ БАЙНА, БАРАГДУУЛААГҮЙ ТОХИОЛДОЛД ЗАМЫН ХӨДӨЛГӨӨНД ОРОЛЦУУЛАХГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/04    

Rio Tinto sets up new exploration office in Mongolia www.reuters.com

MELBOURNE (Reuters) - Rio Tinto will set up a new office in the Mongolian capital of Ulaanbaatar, separate from its Oyu Tolgoi mine division, to focus on exploration and building local ties.

The new office, which will expand to 80 staff this year, will support the company’s exploration program and local services units, as well as focus on growing relationships, the miner said in a statement on Monday.

“Today we are demonstrating the deepening of our commitment to Mongolia through the establishment of a new country office under new Mongolian leadership,” Rio Tinto chief executive Jean-Sebastien Jacques said.

“Mongolia is one of Rio Tinto’s most strategically important markets and we are here to stay.”

Rio Tinto operates the Oyu Tolgoi copper and gold mine, which is jointly owned by the government of Mongolia, with 34 percent, and Turquoise Hill Resources with 66 percent. Turquoise Hill is in turn 51 percent-owned by Rio Tinto.

The company had invested more than $7 billion in Mongolia since 2010, including salaries, supplier payments, investment in the community, and $1.5 billion in taxes, royalties and other payments to the government, Jacques said.

Earlier this month Oyu Tolgoi said it was evaluating a bill for about $155 million from Mongolia’s tax authority following an audit of payments made between 2013 and 2015.

Munkhtushig Dul has been appointed as Rio Tinto’s country director and will lead the new Rio Tinto office. He will work in coordination with the Oyu Tolgoi LLC team, led by managing director Armando Torres.

Dul has previously worked in senior roles within the Noble Group’s Mongolian operations, as well as the Mongolian Stock Exchange and the Executive Office of the National Security Council.



Published Date:2018-01-22