Rio Tinto Vs. Mongolia, Destination Unknown - Seeking Alpha: "A battle is brewing regarding Mongolia's huge Oyu Tolgoi copper mine which, at full production, will be among the top five copper mines in the world. As discussed in my recent article about Mongolia's politics, the Mongolian government has raised the royalty taxes on Oyu Tolgoi in contravention of the Oyu Tolgoi agreement of 2009, and these additional tax revenues are included in Mongolia's planned budget. Turquoise Hill Resources (TRQ) came out with their quarterly reporting on November 14, 2012. In their report, Turquoise Hill acknowledged the new law pending presidential signature, but said it does not apply."
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