General chit chat thread., page-1560

What I learnt from this story is that Mongolia is kind of safe place to invest, according to Rio Tinto CEO.

-----
Rio Tinto in $3.7b bid to take control of Oyu Tolgoi

If successful, the deal would see Rio hold a 66 per cent interest in Oyu Tolgoi, with the remaining 34 per cent owned by the Mongolian government.

“Rio Tinto strongly believes in the long-term success of Oyu Tolgoi and Mongolia, and delivering for all stakeholders over the long term,” Mr Stausholm said. “That is why we want to increase our interest in Oyu Tolgoi, simplify the ownership structure, and further strengthen Rio Tinto’s copper portfolio.

https://www.copyright link/companies/mining/rio-in-3-7b-bid-to-take-control-of-oyu-tolgoi-20220314-p5a4kc