Компаниуд
THE GOVERNMENT TO INTENSIFY NEGOTIATIONS WITH RIO TINTO ON INCREASING THE RETURNS OF THE OYU TOLGOI PROJECT
On Thursday, February 12, 2026, H. Amarjargal, Country Director of Rio Tinto in Mongolia; S. Munkhsukh, Chief Executive Officer of Oyu Tolgoi LLC; B. Dulamsuren, Chief Financial Officer; and Andrew Laya, Chief Operating Officer, met with the Prime Minister of Mongolia, G. Zandanshatar, and formally delivered the response letter from Katie Jackson, Chief Executive of Rio Tinto Copper.
RE-NEGOTIATING AROUND OYU TOLGOI TO ENABLE GREATER MUTUAL BENEFITS
As Oyu Tolgoi, one of the world's largest copper mines with the potential to rank among the top three globally, approaches peak production, the government is entering negotiations with Rio Tinto. Under their existing agreement, negotiations are stipulated every seven years, and this round of negotiations is particularly important. It aims not only to enhance Mongolia's returns from Oyu Tolgoi but also to resolve issues related to Entrée Resources.
WBG Supports Golomt Bank to Pilot Blue Finance, Promote Green Projects and SMEs
Ulaanbaatar, Mongolia, Oct 2, 2025— In support of water management, energy efficiency, small and medium-sized enterprises (SMEs), and women-led businesses, Golomt Bank will receive a $160 million financing package led by IFC, a member of the World Bank Group (WBG) supporting the private sector, with co-financing from Proparco, private sector finance financing arm of the group Agence Française de Développement (AFD).
MATES HELPING MATES: PRIORITIZING MENTAL HEALTH IN UNDERGROUND MINES
As of 2025, the development of the global mining industry is moving towards a new, human- centered era- that prioritizes not only the extraction of resources from deep beneath the surface, but also the mental well- being, job satisfaction, and personal development of workers.
ERDENES TAVAN TOLGOI PLACED UNDER SPECIAL REGIME AS REVENUE FALL
According to preliminary results for the first half of 2025, total revenue and aid in the General State Budget amounted to 14 trillion MNT a decrease of 914.4 billion MNT, or 6.1%, compared to the same period last year, the National Statistics Office reported.
EYES STRONGER PRESENCE IN MONGOLIA'S MINING SECTOR
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Rio Tinto paid 482 million USD in Mongolian taxes and royalties in 2024
Rio Tinto is committed to ensuring that all stakeholders benefit from the company’s success. This commitment is reflected in the way the company prioritizes the well-being of its employees, protects the environment, supports the communities in which it operates, and responsibly rehabilitates land at the end of its operational life.
