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Rio Tinto CEO meets Mongolian PM to revive soured ties over 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

Rio Tinto Limited Shanghai Representative Office
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Reuters Melbourne
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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