The Sydney Morning Herald: Rio Tinto in Mongolian power struggle

A power solution for one of Rio Tinto’s most prospective mines remains elusive, raising doubts over whether plans to be in production within six months can be achieved. The Oyu Tolgoi copper and gold mine in Mongolia looms as one of Rio Tinto’s most exciting growth projects on the back of the company’s recent takeover of Oyu Tolgoi’s majority owner Ivanhoe Mines. But difficulties in delivering power to the mine’s remote location in the Gobi desert are continuing to fester, with Ivanhoe confirming that a deal to import power from China had still not been reached. The current plan would see the mine site, which includes concentrators and a large workers village, connected to the power grid on the Chinese side of the border for the first four years of the mine’s life. To read the full article, click hereRio Tinto in Mongolian power struggle

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

Comments are closed.