Currently viewing Global edition

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.

Rio and the importance of Oyu Tolgoi Rio and the importance of Oyu Tolgoi Rio and the importance of Oyu Tolgoi Rio and the importance of Oyu Tolgoi Rio and the importance of Oyu Tolgoi

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.