Rio Tinto Seeks to Speed Up Mongolian Copper Project With Concessions -FT
August 30 2021 - 9:53AM
Dow Jones News
--Rio Tinto PLC is looking for a compromise with the government
of Mongolia to speed up developement of the Oyu Tolgoi copper mine,
reports the Financial Times, citing a letter sent to the Mongolian
government.
--Rio Tinto is offering to reduce the interest rates on loans
made to fund construction costs in exchange for a deal on
regulatory and budget issues, as well as a long-term power
agreement, according to the FT.
Full story: https://on.ft.com/3gKRyTA
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
August 30, 2021 09:38 ET (13:38 GMT)
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