Not sure if this has been posted.. just picked up it reading for some other stocks..Thought I would share it across here..
Rio Tinto faces Mongolian power struggle
LESLIE HOOK
BEIJING — Financial Times
Published Friday, Sep. 21 2012, 2:57 PM EDT
Last updated Friday, Sep. 21 2012, 3:01 PM EDT
In the middle of the Gobi Desert in Mongolia, Rio Tinto’s flagship $5.2-billion (U.S.) copper-gold mine stands nearly completed except for one thing: The mine is waiting for the power to be switched on.
The Oyu Tolgoi mine, which holds the world’s largest undeveloped copper deposit, has been caught in the middle of a complex negotiation between China and Mongolia. The two sides are trying to reach a deal under which the mine, which is close to the Chinese border, would buy electricity from the Chinese grid.
http://www.theglobeandmail.com/report-on-business/international-business/asian-pacific-business/rio-tinto-faces-mongolian-power-struggle/article4559582/
mongolian power struggle
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Last
$119.62 |
Change
0.250(0.21%) |
Mkt cap ! $44.40B | |||
| Open | High | Low | Value | Volume |
| $120.37 | $120.90 | $119.16 | $164.1M | 1.362M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $119.60 |
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| Price($) | Vol. | No. |
|---|---|---|
| $119.86 | 100 | 1 |
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