Rio provides $600M for Oyu Tolgoi

RIO Tinto will provide a $US600 million ($A669.9 million) bridge funding facility to mineral explorer and developer Turquoise Hill Resources to continually develop the Oyu Tolgoi copper-gold mine in Mongolia.

Rio provides $600M for Oyu Tolgoi Rio provides $600M for Oyu Tolgoi Rio provides $600M for Oyu Tolgoi Rio provides $600M for Oyu Tolgoi Rio provides $600M for Oyu Tolgoi

The mining giant owns a controlling stake in Vancouver-based Turquoise Hill and is the manager of the Oyu Tolgoi project.

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