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


Video
22 July 2026

Wartsila: ECAs need to up emerging market risk

TXF spoke with Andreas Back, Product Security Development Manager at Wartsila to outline the major challenges and opportunities for major EPCs tapping ECA support, as well as...

Perspective
24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...