Mongolia Seeks to Renegotiate Rio Tinto’s Oyu Tolgoi Copper Deal

Published: Mar 11, 2026 09:39

Save

The Mongolian government is seeking to renegotiate the commercial terms of Rio Tinto’s Oyu Tolgoi copper mine agreement. Officials argue that the current financing and management terms are unfavorable for the country. Negotiations are ongoing as both sides attempt to reach a revised framework for the project.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Tight Supply in the Spot Market for Copper Cathode in North China

[SMM North China Copper Cathode Spot Market] As consumption in the northern copper cathode market has warmed noticeably in recent days, downstream buyers made concentrated purchases, causing spot supply in the market to become tight, and spot premiums continued to rise.

Common.Time.minsAgo

Falling Inventory Coupled With a Still-Wide Price Spread Between Futures Contracts Drove Spot Premiums Sharply Higher [SMM South China Spot Copper]

Common.Time.minsAgo

Groundbreaking of the Yuncheng Grid-Side ESS Power Station Project in Shanxi

On March 10, the groundbreaking ceremony was held for the new-type grid-side ESS power station project in Yuncheng, Shanxi. Located in the Sci-Tech Innovation Demonstration Zone of the Hejin Economic and Technological Development Zone in Shanxi, the project adopts advanced LFP battery technology and will have a construction scale of 200 MW/400 MWh, making it a key supporting project for the new-type power system prioritized for development in Shanxi Province.

Common.Time.minsAgo