BASE METALS

Oyu Tolgoi delay, budget blowout cut

Turquoise Hill Resources has reported updated capital costs and schedule for the troubled Oyu Tolgoi underground expansion.

Underground at Oyu Tolgoi in Mongolia

Underground at Oyu Tolgoi in Mongolia

Rio Tinto owns a 33.5% indirect interest in Oyu Tolgoi through its 50.8% shareholding in Turquoise Hill, which holds 66% of the project in joint venture with the Mongolian government. In July last year,...

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