1 PRIME MINISTER RAISES DEMANDS ON OYU TOLGOI PROJECT IN MEETING WITH RIO TINTO WWW.MONTSAME.MN PUBLISHED:2026/03/10      2 DISCUSSION ON FORESTS, WATER AND RANGELANDS TO BE HELD AHEAD OF COP17 IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2026/03/10      3 RIO TINTO HELPED REMAKE THE MONGOLIAN ECONOMY. NOW, THE COUNTRY IS PUTTING ITS HAND OUT FOR MORE (OPINION) WWW.THENIGHTLY.COM.AU PUBLISHED:2026/03/10      4 PM CRITICISES RIO TINTO OVER OYU TOLGOI TERMS, CALLS FOR FAIRER BENEFITS FOR MONGOLIA WWW.GOGO.MN PUBLISHED:2026/03/10      5 MONGOLIA PRESSES RIO TINTO TO REWRITE ‘UNFAIR’ TERMS OF $18BN OYU TOLGOI MINE WWW.FT.COM PUBLISHED:2026/03/10      6 CHINA HIGHLIGHTS MAJOR GAS PIPELINE WORK WITH RUSSIA TO BOOST ENERGY SUPPLY AMID IRAN TENSIONS WWW.MSN.COM PUBLISHED:2026/03/10      7 MONGOLIA'S #1 ROCKERS THE HU RETURN TO THE UK AND EUROPE PUBLISHED:2026/03/10      8 MONGOLIA, FINLAND TO STRENGTHEN COOPERATION IN EDUCATION SECTOR WWW.MONTSAME.MN PUBLISHED:2026/03/09      9 SPECIAL FLIGHT TO REPATRIATE MONGOLIAN CITIZENS FROM MIDDLE EAST WWW.MONTSAME.MN PUBLISHED:2026/03/09      10 TMK SMASHES OUT NEW MONGOLIAN GAS RECORD WWW.THEWEST.COM.AU PUBLISHED:2026/03/09      ХОЁРДУГААР САРД ГАДААДЫН 776 ИРГЭНД МОНГОЛД ОРШИН СУУХ ЗӨВШӨӨРӨЛ ОЛГОЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/03/10     ГАДААД ХУДАЛДААНЫ БАЛАНС ЭЕРЭГ ГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/03/10     ХЭРГИЙН МӨРӨӨР: Б.БААТАРЫГ ТЕГ, ЭЦА, АТГ-ААС 12 ХҮРТЭЛХ ЖИЛИЙН ХОРИХ ЯЛТАЙ ДОЛООН ЗҮЙЛ АНГИАР ШАЛГАЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/10     ЭНЭ ОНД НИЙСЛЭЛИЙН ХЭМЖЭЭНД ДАРААХ 13 БАЙРШИЛД 52 КМ АВТО ЗАМ ШИНЭЭР БАРИНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/10     Н.АЛТАНХУЯГИЙГ ГУРВАН УДАА ЦАГААТГАСАН ШИЙДВЭРИЙГ ДАВЖ ЗААЛДАХ ШАТНЫ ШҮҮХЭЭС ХҮЧИНГҮЙ БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/10     “ОЮУ ТОЛГОЙ” ТӨСЛИЙН МОНГОЛД НОГДОХ ӨГӨӨЖИЙГ 60 ХУВИАС НЭМЭГДҮҮЛЭХ, 2026 ОНД БАГТААН НОГДОЛ АШИГ ОЛГОХ ШААРДЛАГА ТАВИЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/03/10     “ГУРВАНТЭС-XXXV” ТӨСЛИЙН ХИЙН ГАРЦ 33 ХУВИАР ӨСӨЖ, ШИНЭ ДЭЭД ҮЗҮҮЛЭЛТЭД ХҮРЧЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/03/09     ИЗНН-ЫН ДАРГААР УИХ-ЫН ГИШҮҮН Р.БАТБОЛД СОНГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/09     ДУЛААНЫ V ЦАХИЛГААН СТАНЦЫН БАРИЛГА УГСРАЛТЫН СУУРИЙН АЖЛЫГ ИРЭХ САРД ЭХЛҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/03/09     280 ХОНОГИЙН ӨМНӨ ОГЦОРСОН Л.ОЮУН-ЭРДЭНЭ "ЛХАГВЫН ТОЙМ"-Д АМ НЭЭНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/09    
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