1 MONGOLIA RECEIVES NATIONAL PRODUCTIVITY MASTER PLAN (2026–35) TO DRIVE PRODUCTIVITY-LED GROWTH, RESILIENCE, AND SHARED PROSPERITY WWW.GLOBALNEWSWIRE.COM PUBLISHED:2026/01/29      2 78 FOREIGN NATIONALS FROM 12 COUNTRIES DEPORTED FROM MONGOLIA WWW.GOGO.MN PUBLISHED:2026/01/29      3 JAPANESE MILITARY MAPS REVEAL FIRST LOOK AT THE HIDDEN GREAT MONGOLIAN ROAD WWW.INDIANDEFENCEREVIEW.COM PUBLISHED:2026/01/29      4 SILVER ELEPHANT ANNOUNCES FAVORABLE TAX TRIBUNAL RULING IN MONGOLIA WWW.INVESTINGNEWS.COM PUBLISHED:2026/01/29      5 MELTING RESERVES OF POWER: MONGOLIA’S GLACIERS AND THE FUTURE OF ENERGY AND FOOD SECURITY WWW.RELIEFWEB.INT PUBLISHED:2026/01/28      6 MONGOLIA CONSTRUCTION INDUSTRY REPORT 2025: OUTPUT TO GROW AT AN AAGR OF 4.3% BETWEEN 2026-2029, SUPPORTED BY INVESTMENTS IN TRANSPORTATION, ELECTRICITY, AND INFRASTRUCTURE - RESEARCHANDMARKETS.COM WWW.BUSINESSWIRE.COM PUBLISHED:2026/01/28      7 EMERGING CHANGES IN THE METHODS AND TACTICS OF HUMAN TRAFFICKING WWW.GOV.MN PUBLISHED:2026/01/28      8 MONGOLIA PLANS TO PRODUCE 90 MILLION TONS OF COAL THIS YEAR WWW.MONTSAME.MN PUBLISHED:2026/01/27      9 MINING SECTOR WEEK OPENS, PLANNED LEGAL REFORMS OUTLINED WWW.MONTSAME.MN PUBLISHED:2026/01/27      10 13 PEOPLE FREEZE TO DEATH IN MONGOLIA IN JANUARY WWW.XINHUANET.COM PUBLISHED:2026/01/27      МАНАЙ УЛС ДАХЬ ХАМГИЙН УРТ БУЮУ 12.6 КМ ДАМЖУУРГЫГ АШИГЛАЛТАД ОРУУЛЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/29     ББСБ-УУДЫН ХЭРЭГЛЭЭНИЙ БОЛОН ЦАХИМ ЗЭЭЛИЙН ДАВХАРДЛЫГ БУУРУУЛАХ ШИЙДВЭР ГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/29     НИСЭХ БУУДЛЫН ӨРГӨТГӨЛИЙГ ЯАРАЛТАЙ ЭХЛЭХ ШААРДЛАГАТАЙГ ДАХИН ТОДОТГОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/29     “ЗЭРЛЭГ АДУУГ ДАХИН НУТАГШУУЛАХ” ТӨСӨЛ ХЭРЭГЖИНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/29     МОНГОЛ УЛСЫН ГАДААД ПАСПОРТ ХҮЧИРХЭГ БАЙДЛААРАА 73-Т ЖАГСЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/29     АНУ-ЫН ХУДАЛДАА, ХӨГЖЛИЙН АГЕНТЛАГ МОНГОЛД 2.2 САЯ ДОЛЛАРЫН БУЦАЛТГҮЙ ТУСЛАМЖ ҮЗҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/29     ЗЭСИЙН БАЯЖМАЛЫН ҮЙЛДВЭРИЙН ТӨСЛИЙН ХАМТРАГЧИЙГ ЭНЭ ОНЫ I УЛИРАЛД ШАЛГАРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/29     АЖ ҮЙЛДВЭРИЙН САЛБАРЫН НИЙТ ҮЙЛДВЭРЛЭЛ ӨМНӨХ ОНЫ МӨН ҮЕЭС 4.8 ХУВИАР ӨСӨВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/28     ЗГ: ЗЭС ХАЙЛУУЛАХ ҮЙЛДВЭРИЙН СОНГОН ШАЛГАРУУЛАЛТЫН ТАЛААР МЭДЭЭЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/28     12 УЛСЫН 78 ИРГЭНИЙГ АЛБАДАН ГАРГАВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/28    

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