Rio Tinto Group

Rio Tinto Group is a British-Australian mining group with its headquarters in London, and a management office in Melbourne. Founded in 1873, the group has grown to become one of the world’s leading producers of a range of commodities, including aluminium, iron ore, copper, uranium, coal, and diamonds. The company has operations on six continents but is mainly concentrated in Australia and Canada, and owns gross assets valued at US$81 billion.

An aerial view of traditional Mongolian tents, or ghers, which will house workers at Mongolia's Oyu Tolgoi copper and gold deposit being developed by Rio Tinto and Ivanhoe Mines in this November 10, 2007 file picture. To match Special Report DUTCH-MONGOLIA/TAX REUTERS/Tom Miles/Files (MONGOLIA - Tags: POLITICS BUSINESS)

Rio Tinto lines up financing for Mongolia copper mine

Rio Tinto is lining up project financing for a US$4 billion expansion of its long-delayed Oyu Tolgoi copper mine in Mongolia and will make a final investment decision early next year, a senior executive said on Thursday.

  • 1
  • 2