Articles Tagged "NYSE:RIO"

Mongolia Prime Minister Ousted, Rio Tinto Hopes for Change

Copper – Mongolian Prime Minister Altankhuyag Norov was ousted last week, and Rio Tinto (NYSE:RIO) is hoping that the change could mean good news for its Oyu Tolgoi project in the country. The company has been conducting ongoing negotiations with the Mongolian government surrounding tax and cost disputes, and the discussions are holding up further development at the project.