Rio Tinto considering power options for Oyu Tolgoi

Global miner Rio Tinto is considering its options for domestic power generation for the Oyu Tolgoi mine, including building an on-site power station, the company said on Friday, as it confirmed that the government of Mongolia had terminated a framework agreement for an energy plan for the South Gobi region. The Southern Power Cooperation Agreement (SPCA) laid out a framework for cooperation between the government and Oyu Tolgoi to deliver an energy plan for the region. The primary intention as to develop a new independent power plant at the Tavan Tolgoi coalfields, with Oyu Tolgoi as the offtaker, rather than owner.