E.Bayasgalan: We are waiting for Rio Tinto to give official response to the independent review
The working group in charge of implementing the parliamentary resolution No.92 dated November 21, 2019, titled ‘Ensuring the interests of Mongolia in the exploitation of the Oyu Tolgoi gold-copper mine’ held a press conference on August 9. During the press conference, the Head of the working group, Mr. Nyambaatar Khishigee, stated that the recently completed independent review into Oyu Tolgoi’s underground development challenges, specifically the USD 1.4 billion in cost overruns and 22 month schedule delays, concluded that the issues were triggered by Rio Tinto’s mismanagement and not the geotechnical conditions that Rio Tinto claimed.
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