DIVERSIFIED MINING
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.
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