News
17 July 2019

Oyu Tolgoi late and over budget

In:
Metals and Mining
Region:
Asia-Pacific

According to a project update by indirect project sponsor Rio Tinto and its subsidiary Turquoise Hill Resources, the cost of the $5.3 billion Oyu Tolgoi copper and gold mine expansion project in Mongolia will be up to $1.9 billion over budget and production will be delayed by at least two-and-a-half...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...