Mongolia Debt Costs Rise as Government Battles Rio Tinto - Bloomberg: "President Tsakhia Elbegdorj last week called for Mongolia to have greater control of the Rio-operated Oyu Tolgoi copper and gold project, which will account for almost a third of the nation’s economy once in full production. Rio Tinto has rebuffed at least two attempts in the past 18 months by Mongolia to redraw the investment agreement, which gives the world’s second- largest miner a 64 percent stake in the mine, with the government holding the rest. The North Asian nation is due to hold presidential elections in June."
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