Guest post: giving power to the people of Mongolia | beyondbrics: "Rio Tinto and the government of Mongolia are committed to ramping up production at the Oyu Tolgoi gold and copper mine, one of the world’s largest. The recent turmoil between the two partners should push them to clarify their roles and help create more solid support for the project from the Mongolian public.
Rio Tinto has recently faced some corporate difficulties, including write-offs, which make success with Oyu Tolgoi imperative for the new management team under Sam Walsh. For the Mongolian government, which owns a third of Oyu Tolgoi beside Rio’s two thirds stake, the project is so big that it comes close to dominating the economy."
'via Blog this'
