Mining Journal - US bank authorises US$500m loan for Oyu Tolgoi: "The Export-Import Bank of the United States said its directors had authorised a US$500 million loan for development of Rio Tinto’s Oyu Tolgoi copper-gold project in Mongolia.
In March, Bloomberg said Rio had secured bank pledges amounting to at least US$3 billion of the US$4 billion project financing it required to fund Oyu Tolgoi, quoting three people familiar with the matter. "
'via Blog this'