Taxpayers to back Rio Tinto Mongolia mine: "Australian taxpayers will help Rio Tinto to fund a $US5.1 billion mine expansion in Mongolia, after Australia's export credit agency decided to continue its controversial habit of lending to multinational corporations.
Despite pleas for it to focus on small and medium exporters that cannot source loans elsewhere in the market, Australia's Export Finance and Insurance Corporation confirmed that it would participate in financing the second stage of Rio's Oyu Tolgoi mine."
'via Blog this'
