Rio Tinto strengthens presence in Mongolia with new exploration office

Global mining major Rio Tinto will open a new office in “strategically important” Mongolia to strengthen its presence in a country in which it had already invested $7-billion in the last eight years. The office in Ulaanbaatar will be separate from Oyu Tolgoi – the large copper and gold mine that 51%-Rio Tinto-owned Turquoise Hill jointly owns with the government of Mongolia.