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Rio Tinto to cut rates on loans to Mongolia for Oyu Tolgoi expansion

Cecilia Jamasmie | August 30, 2021 | 3:58 am News Top Companies Asia Australia Australia NZ South Pacific Canada Copper Gold 

Rio Tinto (ASX, LON, NYSE: RIO) is said to be ready to cut interest rates on loans to the Mongolian government, given to fund its share of the construction costs of an underground expansion at the vast Oyu Tolgoi copper-gold mine in the Gobi Desert.  In return,...

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