The Mongolian Government may increase its interest in the Oyu Tolgoi project from 34% to 50%.

The copper project is being jointly developed by Rio Tinto and Ivanhoe Mines.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Under the terms of the original contract signed in 2009, Mongolia can increase its stake only after 30 years, reports BBC News.

Mongolia’s mining minister Dashdorj Zorigt said that the government plans to send a proposal to renegotiate the timeframe.

Mining Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Mining Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact

Excellence in Action
Dual-award winner in the 2025 Mining Technology Excellence Awards, Propeller is redefining geospatial intelligence and safety in mining. Explore how its AeroPoints and DirtMate solutions deliver survey-grade mapping, live haul metrics, and safer, more efficient operations across mines and quarries worldwide.

Discover the Impact