Oyu Tolgoi Financing Set to Advance After Mongolian Approvals

  • Owners of Mongolia mine to progress project talks with lenders
  • Mongolia is backing expansion of giant copper and gold mine

Key government approvals for the expansion of Mongolia’s Oyu Tolgoi copper and gold mine will allow Rio Tinto Group and its partners to advance talks with lenders, according to the state-owned company that holds a stake in the project.

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