1 NEARLY 50 E-VEHICLE INJURIES REPORTED WWW.UBPOST.MN PUBLISHED:2026/04/19      2 PRESIDENT KHURELSUKH TO PAY STATE VISIT TO KAZAKHSTAN WWW.MONTSAME.MN PUBLISHED:2026/04/19      3 PRIME MINISTER MEETS NEWLY APPOINTED AMBASSADORS WWW.MONTSAME.MN PUBLISHED:2026/04/19      4 LONDON HOSTS MONGOLIAN CAMEL DAY EVENT WWW.MONTSAME.MN PUBLISHED:2026/04/16      5 NATIONWIDE CALVING REACHES 4.2 MILLION WWW.GOGO.MN PUBLISHED:2026/04/16      6 GOVERNMENT LIFTS PERMIT REQUIREMENTS FOR 146 BUSINESS ACTIVITIES WWW.MONTSAME.MN PUBLISHED:2026/04/16      7 UNDP AND ULAANBAATAR MUNICIPALITY LAUNCH SOLAR‑POWERED EV CHARGING STATION PROJECT TO SUPPORT CLEAN URBAN MOBILITY WWW.UNDP.ORG PUBLISHED:2026/04/16      8 PASTURE-RAISED LIVESTOCK SHOW 60-70% AVERAGE CARCASS YIELD WWW.UBPOST.MN PUBLISHED:2026/04/16      9 MINISTER OF EDUCATION REVIEWS AI-BASED ENGLISH LEARNING PROJECT WWW.MONTSAME.MN PUBLISHED:2026/04/15      10 MONGOLIA PARTNERS WITH EU TO MODERNIZE PUBLIC FINANCIAL MANAGEMENT WWW.EEAS.EUROPA.EU PUBLISHED:2026/04/15      ОХУ-ААС АГААРЫН ХӨЛГИЙН ТҮЛШ ХӨНГӨЛӨЛТТЭЙ НӨХЦӨЛӨӨР НИЙЛҮҮЛЭХЭЭР ТОХИРОЛЦЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/19     МОНГОЛ УЛСЫН ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХ БҮГД НАЙРАМДАХ КАЗАХСТАН УЛСАД ТӨРИЙН АЙЛЧЛАЛ ХИЙНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/19     ЕВРО-5 СТАНДАРТЫН БҮТЭЭГДЭХҮҮНИЙГ ТОГТВОРТОЙ НИЙЛҮҮЛЭХЭЭР ТОХИРОЛЦОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/04/19     БАГАХАНГАЙ-ХӨШИГИЙН ХӨНДИЙН ТӨМӨР ЗАМЫН ГҮЙЦЭТГЭЛ 84 ХУВЬД ХҮРЧЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/19     НЭРЭЭ СОЛЬЖ, ТӨСВӨӨ ТЭЛСЭН ДАРХАН АРЬС, ШИР БОЛОВСРУУЛАХ ҮЙЛДВЭР МАКЕТ ХЭВЭЭР ХОЦРОВ WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/16     УЛААНБААТАРТ ААН, БАЙГУУЛЛАГЫН 70 ХУВЬ НЬ ТӨВЛӨРСӨН БАЙДАГ WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/16     АРДЧИЛСАН НАМЫН ЕНБД-ЫН ҮҮРЭГ ГҮЙЦЭТГЭГЧЭЭР С.БАЯРЦОГТЫГ ТОМИЛОВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/15     Б.БАТЦЭЦЭГ: 146 ТӨРЛИЙН БИЗНЕСИЙН ЗӨВШӨӨРЛИЙГ ЦУЦАЛЖ, МЭДЭГДЭЭД ЭХЭЛДЭГ БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/15     ИНФЛЯЦЫН ТҮВШИН 7.4 ХУВИАР ӨСӨВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/15     МОНГОЛ УЛСЫГ ГАДААД ХЭЛНЭЭ “MONGOLIA” БУС “MONGOL” ХЭМЭЭН НЭРЛЭЖ, БИЧИЖ ХЭВШҮҮЛЭХ НЬ ЗҮЙТЭЙ ГЭЖ ҮЗЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/15    
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