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Rio Tinto, Mongolian government reach deal to advance Oyu Tolgoi project

Jan. 24, 2022 6:56 PM ETRio Tinto Group (RIO) Stock, TRQ Stock, TRQ:CA StockBy: Carl Surran, SA News Editor19 Comments

Mongolia"s Biggest Foreign Investment The Oyu Tolgoi Mine

Paula Bronstein/Getty Images News

  • Rio Tinto (NYSE:RIO) says it reached agreements with Turquoise Hill Resources (NYSE:TRQ) and Mongolia's government that will lead to the start of underground operations at the Oyu Tolgoi copper mine.
  • Under the deal terms, Turquoise Hill

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