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MELBOURNE (Reuters) - Global miner Rio Tinto is negotiating with workers at its Oyu Tolgoi copper operations in Mongolia to avert further industrial action over a sharp drop in wages that triggered an earlier strike in May.
Rio Tinto moved underground at Oyu Tolgoi, one of the world's largest copper-gold deposits, in March last year and is ramping up to produce around 500,000 tons of copper a year from 2028 onwards.
The copper production would be worth some $5 billion annually at current price...
>>> Read more: Rio Tinto in talks to avert strike at Mongolian copper mine
Rio Tinto moved underground at Oyu Tolgoi, one of the world's largest copper-gold deposits, in March last year and is ramping up to produce around 500,000 tons of copper a year from 2028 onwards.
The copper production would be worth some $5 billion annually at current price...
>>> Read more: Rio Tinto in talks to avert strike at Mongolian copper mine