Business
Rio Tinto mismanagement caused cost overrun at Oyu Tolgoi mine – WSJ – MINING.COM – MINING.com
Costs to expand the Mongolian mine, Rio’s biggest copper growth project, have ballooned up to $6.75 billion from Rio’s original…
Turquoise Hill, in which Rio has a 50.8% stake, owns 66% of Oyu Tolgoi, one of the world’s largest-known copper and gold deposits. The rest is held by the Mongolian government.
The report, which was commissioned by the owners of the copper project, said…
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