 "Rio Tinto Limited Shanghai Representative Office")
Rio Tinto Ltd boss Jakob Stausholm has made his first trip to Mongolia while in the top job to meet Prime Minister Luvsannamsrain Oyun-Erdene as Rio looks to revive a relationship that has soured over the development of a big copper mine.
Rio has faced costly delays at the underground expansion of its Oyu Tolgoi project that it has blamed on geotechnical difficulties and Covid-19, angering the Mongolian government and shareholders of developer Turquoise Hill Resources in which Rio has a majority stake.
"This week for the first time since becoming Chief Executive, I was able to return to the
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