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Rio and the importance of Oyu Tolgoi
Rio Tinto (LN:RIO) may have reported a solid performance across all of the group’s major commodities in its December quarter production report, but it was marred by the disclosure that the Mongolian government was chasing an additional US$155 million in taxes from the Oyu Tolgoi copper-gold mine.
A new day, a new problem for Rio Tinto at Oyu Tolgoi
The local market seemed to care less about dirt-poor Mongolia's latest grab for a bigger share of OT's riches, judging by Rio's share price performance on Tuesday (down 0.66%) compared with that of its...
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