Reuters: Ivanhoe sees low chance of power delay to Oyu Tolgoi mine

Ivanhoe Mines said on Thursday there was only a small chance of a delay to a power contract with China, crucial to running the massive Oyu Tolgoi copper project in neighbouring Mongolia. The mine needs power supply by the third quarter of 2012 in order to start commercial production of copper concentrate by its 2013 target, and is counting on a power being delivered under a pact between China and Mongolia. To read the full article, click hereIvanhoe sees low chance of power delay to Oyu Tolgoi mine

This entry was posted in Mongolia News. Bookmark the permalink.

Comments are closed.