RIO News: Mongolia urges transparency as Rio Tinto seeks control of giant Oyu Tolgoi project - 8th Jun 2022, 11:55pm

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By Clara Denina and Praveen Menon

LONDON/SYDNEY (Reuters) - A top official at the giant Oyu Tolgoi copper-gold mining project in Mongolia has called for greater transparency and more power to the local management, as global miner Rio Tinto looks to buy out the troubled project.

Mongolia owns 34% of Oyu Tolgoi, one of the world's largest-known copper and gold deposits in the Gobi desert, and Rio controls the rest through its 51% stake in Toronto-listed Turquoise Hill Resources.

Rio Tinto and t...

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