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China's fuel promise to Mongolia gets a number: 17,000 tonnes for September, and a 20-year frame around itKazakhstan pauses collecting its $5.2 billion Kashagan fine after NCOC takes the bailiff to courtBaku moves the start of work on the Trump route to 2027, 6 days before Armenia's court takes up the dealKazakhstan's energy ministry says CPC loading stopped on 2 buoys after Tuesday's drone incident and resumed after checks

#OyuTolgoi

3 articles
Oyu Tolgoi exports resume a day after protesters blocked the road
EconomyBrief18 Jun

Oyu Tolgoi exports resume a day after protesters blocked the road

Rio Tinto restarted copper concentrate shipments from its giant Mongolian mine on 18 June, a day after the Radical Reform movement blocked the export road. The protest lasted under a day. The grievance behind it has lasted years.

Protesters block Oyu Tolgoi road and halt copper exports to China
EconomyBrief17 Jun

Protesters block Oyu Tolgoi road and halt copper exports to China

Mongolia's Radical Reform movement blocked the main transport road from Rio Tinto's Oyu Tolgoi mine at 09:00 on 17 June, stopping copper concentrate trucks heading for the Chinese border. Rio's shares fell 1.6% in London. The dispute is about who gets how much from one of the world's largest copper deposits.

Oyu Tolgoi
EconomyAnalysis1 Jun

Mongolia vs Rio Tinto: The Copper Mine at the Centre of the World

Oyu Tolgoi is producing record copper, heading for fourth place globally, and generating a political crisis. Ulaanbaatar wants a renegotiation. Rio Tinto cannot afford to walk away.