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Rio Tinto Group has agreed to pay $138.75 million to settle a lawsuit that accused the miner of hiding problems from investors at its giant copper mine in Mongolia....
BUZZ-ASX-listed Asian Battery Metals jumps on sulphide find at Mongolia project ** Shares of Australia-listed Asian Battery Metals AZ9.AX rise as much as 9.4% to A$0.058, their largest intraday pct gain since Dec. 2 ** UK-based critical battery mineral explorer reports massive high-grade sulphide mineralisation at its Oval project in Mongolia ** Sa...
UPDATE 2-Rio Tinto raises 2025 copper output view on boost from Mongolia's Oyu Tolgoi mine Adds CEO quote in paragraph 4, details on costs in paragraphs 5, 6 & 7 Dec 4 (Reuters) - Australian mining giant Rio Tinto RIO.AX forecast higher consolidated mined copper production for fiscal 2025 on Wednesday, driven primarily by an anticipated 50% surge in output from its Oyu Tolgoi operation in Mongolia next year....
UPDATE 1-Rio Tinto raises 2025 copper production view on Mongolia's Oyu Tolgoi ops boost Recasts throughout with details in paragraphs 2-4 Dec 4 (Reuters) - Australian mining giant Rio Tinto RIO.AX forecast higher consolidated mined copper production for fiscal 2025 on Wednesday, driven primarily by an anticipated 50% surge in output from its Oyu Tolgoi operation in Mongolia next year....
India, Mongolia in talks for preliminary mining pact, India govt source says By Neha Arora NEW DELHI, Nov 28 (Reuters) - India is in talks with Mongolia to set up a preliminary pact that will focus on mineral shipments between the two Asian nations, an Indian government source with direct knowledge of the developments said on Thursday. "The pact with Mongolia will focus on transit of minerals" such as coal and copper, said the source, who did not want to be identified as the deliberations are no...
India's JSW Steel, SAIL in talks with Mongolia for coking coal shipments, sources say By Neha Arora NEW DELHI, Nov 26 (Reuters) - India's JSW Steel JSTL.NS and state-run Steel Authority of India (SAIL) SAIL.NS are in talks with Mongolian authorities to import two shipments of coking coal, two sources with direct knowledge of the matter said. JSW Steel, the country's biggest steelmaker by capacity, plans to buy 2,500 metric tons, while SAIL aims to import 75,000 metric tons of the steelmaking raw...
Study shows Kharmagtai a world-class asset that could be important provider of energy transition metals as world economy decarbonises and electrifies....