Rio Tinto Halts Shipments From Mongolia Mine After Tax, Border Disputes -FT
January 18 2018 - 2:09AM
Dow Jones News
--Rio Tinto has halted shipments of copper concentrate from its
Oyu Tolgoi copper mine in Mongolia after a week-long dispute at a
border crossing to China and a new tax bill from the Mongolian
government, reports the Financial Times.
--The movement of coal and copper at the Gants Mod crossing has
been halted for more than a week as a result of a dispute over
health insurance for truck drivers, according to the FT.
--Rio Tinto's Canada-listed subsidiary Turquoise Hill, which
holds the shares in the Oyu Tolgoi mine, revealed a new bill for
$155 million in back taxes, a bill the company said it is
disputing, says the FT.
Full story: http://on.ft.com/2DJYICB
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
January 18, 2018 01:54 ET (06:54 GMT)
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