Industry News
Mongolia Anticipates Increased Returns from Revised Rio Tinto Agreement
Mongolia expects increased returns of ₮13 trillion from revised terms with Rio Tinto for the Oyu Tolgoi project, including lower fees and interest rates.
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72 published stories in this archive.
Companies & Organisations
Rio Tinto Cuts Fees and Loan Interest at $18bn Oyu Tolgoi Mine After Mongolian Pressure and Protests
Rio Tinto has cut management fees by half and reduced loan interest by 2.5 percentage points at the $18 billion Oyu Tolgoi copper mine after Mongolian pressure and protests, though analysts warn…
Companies & Organisations
Mongolia Seeks Larger Revenue Share from Rio Tinto’s Oyu Tolgoi Copper Mine
Mongolia is seeking a larger share of revenues and earlier profit payments from Rio Tinto’s Oyu Tolgoi copper mine.
Companies & Organisations
EU Lawmaker Says Serbia’s Jadar Lithium Project Remains Frozen Amid Legal Uncertainty
Serbia’s Jadar lithium project remains suspended pending improvements to the country’s legal framework.
Companies & Organisations
Glencore Shifts Focus to Asset Sales After Failed Merger Talks With Rio Tinto
After failed merger talks with Rio Tinto, Glencore is preparing major asset sales to refocus its business on copper.
Companies & Organisations
Đilas claims Rio Tinto preparing €1–1.5 billion compensation claim against Serbia over Jadar lithium project
Opposition leader Dragan Đilas says Rio Tinto is preparing a €1–1.5 billion compensation claim against Serbia over the cancelled Jadar lithium project.
Companies & Organisations
Rio Tinto Scales Back Lithium Expansion, Prioritises Capital Discipline and Existing Projects
Rio Tinto will limit lithium investment to existing projects, targeting 200,000 t/y by 2028 while prioritising capital discipline and long-term returns.
Companies & Organisations
Rio Tinto Pauses Serbia’s Jadar Lithium Project, but Opponents Warn the Fight Is Far From Over
Rio Tinto has paused its Jadar lithium project in Serbia, but activists say the fight will continue until the company leaves for good.
Industry News
Germany Moves to Secure Bolivian Lithium as Serbia’s Jadar Project Stalls
Germany is racing to secure Bolivian lithium while Serbia’s Jadar project remains stalled amid political turmoil.
Companies & Organisations
Rio Tinto Mothballs Controversial $2.95bn Jadar Lithium Project in Serbia
Rio Tinto Group has suspended its contentious $2.95 billion Jadar lithium and boron project in Serbia, placing it into “care and maintenance,” according to an internal memo seen by Bloomberg. The decision…