Rio Tino signs deal for electricity supply to Oyu Tolgoi mine

Mining titan Rio Tinto has signed a binding agreement with a Chinese power company for the supply of electricity to Oyu Tolgoi, the nearly-completed copper and gold mine in Mongolia.

Mining titan Rio Tinto has signed a binding agreement with a Chinese power company for the supply of electricity to Oyu Tolgoi, the nearly-completed copper and gold mine in Mongolia.

As a result, within the next few weeks, Oyu Tolgoi will start a seven-week commissioning of the ore-processing equipment. The firm believes that first concentrate production will follow within one month and the commencement of commercial production is expected three to five months after that.

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