ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Materials

Rio Tinto and Mongolia settle feud over Oyu Tolgoi copper mine

Deal marks a positive development for Anglo-Australian mining giant

The Oyu Tolgoi mine in Mongolia's South Gobi region. Mongolia owns 34% of what is one of the world's largest-known copper and gold deposits, with Rio controlling the rest.   © Reuters

Rio Tinto Plc and the Mongolian government said on Tuesday they have reached an agreement to end a long-running dispute over the $6.93 billion expansion project for the Oyu Tolgoi copper-gold mining project.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more