Rio Tinto, Mongolia government reach new financial terms for Oyu Tolgoi mine project (RIO:NYSE)


Mongolia

Paula Bronstein/Getty Images News

Rio Tinto (RIO) said late Tuesday it reached new financial terms with the Mongolian government for the $18B Oyu Tolgoi copper mining project, following months of negotiation over the country’s single biggest mining project and foreign investment.

The company said



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